Executive Team

Kim Cannon, Managing Director

Kim is founder and Managing Director of Firstmac Limited. He has been in the Australian finance industry for more than 35 years. Kim was a pioneer of non-bank lending in Australia and was one of the leaders that challenged the sector to break the stranglehold of the banks and make home loans more competitive.

Kim is well known for creating innovative financial products to help people meet their goals. As a result, Firstmac is an agile non-bank lender that weathered the GFC and maintains a significant presence in the Australian home lending landscape.

Kim's philosophy that business is built on strong relationships, honesty, and integrity has also helped to make him a respected leader in the financial services sector.


James Austin, Chief Financial Officer

James is the CFO of Firstmac Limited, a role he has held since 2005.

James has built a wealth of knowledge in treasury and capital markets and developed expertise in debt, equity, and derivative markets including issuance, trading, and market risk.

He managed the acquisition and integration of HSBC's $2.2 billion residential mortgage portfolio in 2006, has overseen the issuance of more than $14 billion of RMBS, and has managed Firstmac through volatile global funding markets.

James studied at Queensland University of Technology where he obtained his Bachelor of Business (Accounting). He joined KPMG Brisbane where he attained his ACA qualifications with the Institute of Chartered Accountants. In the early 1990s, James worked for CSFB and Abbey National London in London before returning to Australia to work with HSBC in Sydney. After three years in Sydney, James was promoted to the position of Chief Operating Officer, HSBC Japan, where he stayed for a further six years.


David Gration, General Manager- Sales and Marketing

David joined Firstmac in 2011 as Head of Legal, Risk and Compliance. In 2013 David was appointed to his current role as General Manager, Sales and Marketing.

David has over 20 years of retail banking experience, including senior management roles at NAB and Suncorp.

David has primary day to day oversight of Retail and Third Party Sales, Sales Support, Marketing, Product, Contact Centre, IT, Operations, Legal and Collection teams and business functions.

David obtained Law and Science degrees from Monash University and has a Graduate Management Qualification from UNSW. He also has a Diploma in Financial Planning and a Certificate IV in Mortgage Broking.


Rod Minell, Executive Director

Rod Minell joined Firstmac in 2004.

Rod has over 25 years investment banking experience. He was previously an executive director of Imagine Group (Australia) Pty Limited, a wholly-owned subsidiary of diversified financial conglomerate, Brookfield Asset Management Canada (NYSE: BAM), which acquired Centre Solutions (Australia) in October 2003.

Rod was managing director of Centre Solutions (Australia) from November 2000. Centre Solutions (Australia) was a provider of high-yield structured finance via subordinated debt, mezzanine equity and structured reinsurance products to large Australian corporates.

Prior to working at Centre Solutions (Australia), Rod worked at ABN AMRO Australia Limited for ten years and was a director and member of its management and credit committees. At ABN AMRO, Rod held positions as head of its corporate and structured finance, financial engineering, capital markets and syndication departments.

Rod is a member of the Council and former deputy chairman of Australian Red Cross NSW. He has been a Director of Firstmac Limited since 11 November 2004.