Former Australian Ethical finance chief lands new gig

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

Mark Shanahan has joined Allied Credit Group as chief financial officer, following his commencement with the business in an interim capacity in May 2026.

Bringing more than 30 years' experience across Australian and global leadership roles in wealth and funds management, Shanahan was known for his dual responsibilities of chief financial officer and chief operating officer at Australian Ethical between 2016 and 2018.

Prior to joining Allied Credit Group, Shanahan served as group chief financial officer at AUB Group for more than eight years and oversaw significant growth with international expansions, while completing strategic transactions, including acquisitions, integrations and funding initiatives.

He also held senior finance and operational leadership roles at Macquarie Group, Tullett Prebon, and more, earlier in his career.

Commenting on his appointment, Allied Credit Group chief executive Jon Moodie said Shanahan's extensive financial leadership, capital markets experience and transformation expertise will be instrumental as the business continues its growth trajectory.

"Mark has already made a strong and immediate impact since joining Allied Credit, working closely with our board and leadership team to bring greater clarity and confidence to our financial position and growth pathway," Moodie said.

"His experience and skills will be invaluable as we invest in the people, systems and processes needed to deliver for our partners and support the next phase of business change."

Shanahan said he is joining at an important time for the company.

"Allied Credit has a strong partnership model, a clear market opportunity and a talented team. I look forward to contributing to the next phase of growth, with a focus on financial discipline, sustainable performance and long-term value creation," Shanahan said.

Shanahan's appointment follows the resignation of former chief financial officer Matt Devine last month.

Established in 2010, Allied Credit Group has been providing retail, commercial and floorplan finance solutions with some $6.5 billion in assets under management.