In This Article:
Investment Banking Executive to Bring Expertise in M&A and Capital Markets
MISSISSAUGA, Ontario, Sept. 01, 2020 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, today announced the appointment of Farhan Ali Khan as Senior Vice-President of Corporate Development and Investor Relations effective September 14, 2020.
Farhan brings more than 10 years of progressive experience in mergers & acquisitions, investment banking and capital markets to goeasy. Most recently, he served as Managing Director, Investment Banking for RBC Capital Markets, where he specialized in financial services and acquired deep expertise in the specialty finance and non-prime lending markets. During his career, Farhan has developed advisory relationships with clients and investors, and successfully led financing and M&A initiatives in the consumer, auto, mortgage and commercial finance segments. Farhan holds his Bachelor of Commerce from the University of Toronto and his MBA from the Rotman School of Management at the University of Toronto.
“We are excited to welcome Farhan to lead our corporate development and investor relations function," said Jason Mullins, President and CEO of goeasy. "His financial services investment banking experience will prove valuable as we complement our organic growth plan with potential acquisitions, international expansion and new strategic partnerships, such as the one we formed with PayBright in 2019. Farhan’s addition to goeasy adds to the expertise of the management team that will lead us through the next stage of our growth, as we aim to become the largest and best performing non-prime lender in Canada”.
About goeasy
goeasy Ltd., a Canadian company, headquartered in Mississauga, Ontario, provides non-prime leasing and lending services through easyhome and easyfinancial divisions. With a wide variety of financial products and services including unsecured and secured instalment loans, goeasy aspires to help put Canadians on a path to a better financial future, as they rebuild their credit and graduate to prime lending. Customers can transact seamlessly with easyhome and easyfinancial through an omni-channel model that includes online and mobile, as well as over 400 leasing and lending locations across Canada supported by more than 2,000 employees. Throughout the company’s history, it has served over 1 million Canadians and originated over $4.4 billion in loans, with one in three customers graduating to prime credit and 60% increasing their credit score within 12 months of borrowing.