FORMER Carlton & United Breweries CEO Peter Filipovic has joined HTL Capital as a board director of Victorian operations, with the finance advisory group expanding its operations across the east coast.
Filipovic announced his departure from CUB last July, a year after the business was acquired in a $15 billion deal by Asahi Beverages
“Having been at CUB for 25 years, my next move was obviously one I have thought about deeply, and accordingly feel very comfortable aligning myself with HTL and its people,” said Filipovic.
The Sydney-based debt brokerage business was formed in 2019 between HTL Property and former CBA executive Rick Woelms, having since written more than $1 billion in the national commercial property market over the past 12 months.
“I’ve watched HTL participate within the hospitality industry nationally, and of particular interest to me has been the company’s professional behaviour with regard the provision of finance solutions” added Filipovic.
HTL Capital has spent the last few turbulent years sourcing and providing sustainable finance solutions for its customers, looking to boost the market share of broker led financing solution.
According to the group, independent brokerage houses currently account for 60% to 65% of the national residential loan market and just 20% to 25% of the commercial property market.
“Attracting to the company the unmistakable quality of professional Peter so clearly represents, is both rewarding and illustrative of the meaningful approach we are taking to our growth strategy” advised HTL Capital’s Rick Woelms.
HTL Capital’s Kimberly Cramp added that the company estimates the NSW hospitality based debt market to be circa $9 billion, with HTL already accounting for a healthy market share, they are looking extend expertise further across the country.
“Peter’s involvement is also a precursor to further announcements regarding alignment with highly regarded business professionals in other states around the country,” concluded Woelms.
