“LMG Asset Finance has grown into a significant part of our diversified broker offering, and Tom has been key in helping drive this,” said Sam White (pictured right), executive chairman at LMG.
“We feel this is the right time to set the business up for what’s next, and I want to thank Tom for everything he’s built here.”
Tim Wells will take on the role of deputy CEO, working alongside Howell and the existing LMG Asset Finance leadership team, which comprises Chris Sims as head of product and broker experience, Sam Greenwood as head of engineering, and Alex Ventura as head of marketing. The team will be responsible for the division’s strategy and operations, with broker support and platform development among its stated priorities.
Howell joined LMG in May as group executive for business lending. He brings more than two decades of experience across retail and business banking, product and transformation, and was most recently general manager of commercial banking at Westpac.
LMG operates across Australia and New Zealand, supporting a network of more than 6,000 brokers and partnering with over 70 banks and lenders. Its brokers settled more than $167 billion in loans in FY26, with a collective loan book of $428 billion.
Read More: Former Westpac executive named interim CEO of LMG Asset Finance
