He has served as an external advisor to the company for a decade
Matthew Boglis has been appointed the first-ever CLO of online lender Banjo Loans.
In this role, he will supervise all legal, compliance, and governance functions. He has worked with the company for a decade as an external advisor, having assisted Banjo Loans in the early stages of its establishment.
“We’ve worked with Matthew for a number of years as an external legal advisor and he’s proven himself time and again as someone who understands our business and the needs of our SME clients. More importantly though, he is someone that fits our culture. We’re thrilled to have him join the Banjo team as our inaugural chief legal officer”, CEO Guy Callaghan said.
Callaghan added that the appointment represented “a significant step” for the company.
“Matthew’s in-house appointment also marks a significant step for Banjo as we continue to scale. His deep understanding of the business, combined with his extensive legal experience will be vital as we strengthen our internal capabilities, focus on compliance and drive our business efficiencies moving forward,” Callaghan said.
Boglis said he was eager to join the company as a full-timer.
“I’ve had the privilege of working closely with Banjo over the past decade and I’m excited to now join the team in a full-time capacity. The business has grown tremendously and I’m looking forward to working even more closely with Guy and the team to drive forward our legal and compliance initiatives, ensuring Banjo remains at the forefront of the industry as we continue to innovate and scale”, he said.
Boglis explained that he intended to add to the company’s bench strength in legal and compliance.
“I’m looking forward to building on the strong foundations that are already in place at Banjo. My goal is to add some additional bench strength to the business, especially in the legal and compliance areas that I specialise in, while also working to identify opportunities that can help improve efficiencies. One of my key focuses will be ensuring that Banjo is not only legally compliant, but also continuously driving innovation and staying ahead of the competition”, he said. “Having seen Banjo evolve from its early days when it was a small team, I feel an even greater sense of pride in what the company has accomplished. I’ve worked closely with this team for years, and now that I am part of the internal leadership, I’m eager to bring my experience in legal risk and governance to help Banjo become even more robust and agile in the face of growth”.
Boglis has tackled commercial litigation, insolvency, corporate governance, M&A and risk management over a legal career spanning more than 18 years. He was previously managing solicitor director at Mason Black + Mendelsons Lawyers, where he spent eight years, and group GC at recoveriescorp – in this role, he oversaw legal and compliance matters across multiple jurisdictions.