Investor Fact Sheet

Name: Latitude Finance Services
Business Description:

Latitude is a digital payments, instalments, and lending platform. Latitude has a long history in financial services since Australian Guarantee Corporation (‘AGC’), one of Latitude’s predecessor businesses, was founded in the 1920s, providing finance for the purchasing of household items. Latitude traces its recent corporate history back to a range of acquisitions made by GE in Australia and New Zealand, including the Coles Myer store card, Nissan Finance, Avco Financial (including Hallmark Insurance) and AGC. In 2015, a consortium of investors consisting of KKR, Värde Partners, and Deutsche Bank acquired the business from GE, and the business was subsequently renamed Latitude Financial Services. The business today provides a range of payments and instalments products (including LatitudePay, Genoapay, Gem Visa, GO Mastercard, and CreditLine), and lending products (28° Global, Infinity Rewards and Low Rate credit cards, as well as Latitude personal loans and motor loans1) in Australia and New Zealand. Headquartered in Melbourne, Australia, Latitude employs approximately 1,350 FTE staff as at 30 June 2021.

1Motor loans are not currently offered in New Zealand. Personal loans are used for this purpose in New Zealand.

Business Established: 2015
Listings: Latitude Finance Services (LFS) is listed on:
The Australian Stock Exchange (ASX)Opens in new window

Its securities are listed under
ASX code: LFS.ASX
Registered Office:   800 Collins Street, Docklands, VIC 3008
 +61 3 9058 2375
Board of Directors: Michael Tilley - Independent Non-Executive Chairman
Ahmed Fahour - Managing Director & Chief Executive Officer
Mark Joiner - Independent Non-Executive Director
Alison Ledger - Independent Non-Executive Director
Scott Bookmyer - Non-Executive Director
James Corcoran - Non-Executive Director
Beaux Pontak - Non-Executive Director
Executive Management: Ahmed Fahour - Managing Director & Chief Executive Officer
Adrienne Duarte - Chief Financial Officer
David Gelbak - Chief Customer Officer, New Zealand
Andrew Walduck - Executive General Manager, Digital & Technology
Chris Blake - Executive General Manager, Corporate Services
Paul Varro - Executive General Manager, LatitudePay & Insurance
Jo Mikleus - Chief Risk Officer
Adrian Chung Hung Wong - Company Secretary
Website: www.latitudefinancial.com.auOpens in new window
Auditor: KPMG Transaction Services
A division of KPMG Financial Advisory Services (Australia) Pty Ltd
Level 38, Tower Three
300 Barangaroo Avenue
Sydney NSW 2000
Share Registry: Computershare Investor Services Pty Limited
452 Johnston Street,
Abbotsford VIC 3067
 +61 1300 555 159 (Australia)
 +61 3 9415 4062 (Overseas)