Announcement of the new executive directors of the RIC
The Regional Investment Corporation (RIC) is pleased to announce the new Orange-based leadership team that is moving the organization forward to build a stronger regional Australia through affordable farm loans and small businesses linked to agriculture.
The RIC has appointed three new executive directors; Alli Gartrell as Executive Director of Program Execution, Paul Dowler as Executive Director of Corporate Services and Chris Rawlins as Executive Director of Transformation and Engagement.
Ms. Gartrell will oversee the granting of the loans and join the RIC after four years as Program Administration Manager at the NSW Rural Assistance Authority (RAA) managing the loan and grant portfolio and 10 years in the banking sector at ANZ, Sydney and the Midwest. .
Mr. Dowler’s business unit covers finance, IT and human resources. He joins RIC after 32 years in academia with the last 10 years at Charles Sturt University where he was most recently CFO.
Finally, Mr. Rawlins will lead the team comprising CIN’s communications, digital content, business development, policy and program to digitize its loans and meet the demand for its loans. Previously, Mr. Rawlins was Executive Director General of Strategy and Technology at the LiveBetter community service organization. Prior to that, he worked for a decade in strategic marketing in the insurance industry, most notably as Marketing Director for HCF.
CEO Bruce King said he was happy to welcome the three new Executive Directors from Orange, NSW to the team and that their experience will help RIC build a stronger regional Australia through its affordable loans.
“Alli, Paul and Chris bring to RIC valuable experience in the private and public sectors which together will be an asset to RIC and be an organization capable of delivering meaningful and affordable lending options to the Australian region,” said Mr. King.
“Notably, all three were already residing in Orange, NSW, where the RIC is based.
“It is important for us to work in regional communities where we are closer to our clients and their appointments are a testament to the talent available on our doorstep in the Australian region. Ms. Gartrell said meeting customer needs was the top priority.
“We are focused on processing the backlog of loan applications we have by the end of June and processing new loan applications within 65 days of RIC processing for 80% of our loans.
“This is so that agricultural businesses that find themselves in financial need due to drought and other challenges can continue to invest – we not only want them to recover, but to thrive,” said Mrs. Gartrell.
Mr. Dowler said he is happy to lead the corporate branch that builds on the functions the organization needs to process loan applications as efficiently as possible.
“It is essential that by providing affordable loans to farmers and small agricultural businesses in financial need, the corporate framework of the organization supports the needs of the CIN, and I am happy to be a part of it. “
Mr Rawlins said it was an exciting time to join the RIC as it moved into its next phase of maturity.
“The RIC is still less than three years old, it’s great to see what has already been delivered in such a short time. Now we need to make sure that we have the right processes and systems in place to get our loans to rural and regional communities, ”Rawlins said.
The three executive directors replace John Newcombe, Duane Roberts and Julia Brown who assumed these roles during the executive search. The appointments follow a recruitment campaign launched at the end of 2020 as well as 80 additional permanent and fixed-term positions to strengthen the loan management capacity and the operational capacity of the organization.
Pictured (L to R): Alli Gartrell, Chris Rawlins, Bruce King and Paul Dowler)