Central Finance Management Group’s Board of Directors recently announced significant leadership changes, seeing Alexander Ineson, Head of Operations and Sian Ineson, Head of Support Services, step into a new, joint role as Managing Directors of the business.
Roselle Cains, Chair of the CFMG Board of Directors congratulated the pair and thanked them for stepping so seamlessly into their new positions.
“The Board wishes Alexander and Sian all the best as they continue to transition into their new roles, bringing with them new energy and focus. We have great confidence in them as a team, and trust what they will bring to the company in this elevated capacity will allow CFMG to build on the momentum it has achieved to date,” adds Roselle.
Alexander has been with the company for more than six years and has held a number of leadership roles in this time in human resources, collections and operations. Mr Ineson has been the company’s second in charge for three years.
Sian was appointed to the CFMG Board of Directors in 2017 and has held executive roles in marketing and support services for more than three years. She has a deep personal connection to the business through her family and is passionate about its quality and culture.
“Alexander and Sian bring intimate knowledge of the business and its history to the role and are passionate about the company’s strong set of values and vision for the future. We’re truly looking forward to seeing the company flourish under their leadership,” finished Roselle.
This month we’ve decked out our premises with Halloween decorations as a reminder of how to avoid becoming a technology horror story.
Sian Ineson, Managing Director and Head of Support Services said:
“We’ve seen so many examples around the world of people in businesses clicking on links or taking process shortcuts and landing in a data breach or cyber-attack. Since employees are the most important asset in data hack prevention, we’re conducting in-depth training this month.”
The training will focus on three key pillars, including:
- Availability – ensuring all authorised parties are able to access the information and systems they need to do their jobs, and that information is recoverable in the event of a disruption
- Confidentiality – protecting information from disclosure to unauthorised parties, whether internal or external, intentional or unintentional
- Integrity – protecting information from unauthorised modification or deletion, whether internal or external, intentional or unintentional, to ensure it is accurate and complete
Our people will be learning how to identify and avoid risks, understand why and how CFMG classifies, handles and disposes of information, and how important it is to follow information security policies such as password practices.
“Not only will this training help us to reduce the risk of a data breach or less, it’ll help us improve overall efficiency and help us to deliver even more for our wonderful clients,” said Sian.
Employees are any business’ greatest asset, and that’s why we want to make sure our people are coming into work feeling their best. To achieve this, we’ve implemented a Wellness Program and are encouraging everyone at CFMG to get involved.
Workplace Wellness Programs have been proven to:
- Reduce stress
- Increase resilience
- Foster a sense of community
- Improve physical and mental health
- Assist with increasing focus and concentration, and management of workload pressures
- Increase job satisfaction and engagement
- Improve workplace morale
The team at CFMG will be stepping outside comfort zones and giving yoga and belly dancing a try over the next few months. We’re also going to run a healthy cooking class for tips and tricks on how to make every day a healthy day.
On top of that, our people have access to:
- Monthly massages
- Daily fresh fruit
- Health checks
- Flu shots
- Ergonomic workspace assessments and equipment
CFMG has also been welcoming in furry visitors to the office as part of our dog friendly workplace trial. Animals have been proven to improve morale and culture and reduce stress, and with our Head of Support Services, Dr. Sian Ineson, a trained Veterinarian, it made perfect sense for us to trial it in our office.
Keep an eye out for more information on how our wellness initiatives are progressing.
With cyber-attacks on the rise, it is essential that every organisation reviews its Data Security Strategies to ensure they are addressing their greatest weakness. The following video highlights the most common weakness and provides 6 Quick Tips to sure this up and reduce your risk.
During a lengthy and highly productive Strategic Planning process last year, we engaged every member of staff to help distil out the essence of who we are and what we offer to clients and other stakeholders. We used this intel to redefine our company’s guardrails in the form of our Vision, Mission and Core Values.
“To provide superior financial outcomes to clients, uniting the operational standards of the Big Guys with the agility of the Small Guys”
“To be the most respected agency in our industry, well known in our target markets for the strength of our service, performance, and compliance”
Our Family Values:
1. Build Relationships.
2. Live a Life of Integrity.
3. Blend Professionalism with Authenticity.
4. Embrace & Drive Change.
5. Deliver Client Service Excellence.
6. Every Role is Powerful –> Own Yours!
7. Help Others.
These 3 components have helped build our strategic foundation and are used extensively throughout our organisation to guide decision making across all functions and departments. This means that when Clients and their Customers engage with us, they have increased clarity around exactly who we are and what we represent as an organisation.
CFMG Consolidates Specialist Services to Provide End-to-End Debt Recovery Management
New umbrella organisation repositions 40-year debt management industry veteran businesses to provide innovative, holistic debt collection services
Sydney—9th October 2015— ECOLL, Insolvency Management Services (iMS) and Linton Pitt Lawyers today announced the formation of a new parent company called Central Finance Management Group (CFMG). The new umbrella organisation brings the veteran debt management businesses together under one brand to provide holistic, seamless debt recovery services that span the entire accounts receivable cycle.
By integrating three specialist companies under the CFMG umbrella, the company has positioned itself to become a partner of choice for debt management in Australia’s banking, finance, insurance, utilities, commercial, and government sectors.
“We are very pleased about today’s announcement, which is the culmination of more than two years of planning and preparation,” said Kent Roberts, CFMG’s CEO. “While various parts of the companies are well established and have been operating for 40 years, we believe that by bringing these complementary businesses together, we’re paving the way for innovative new approaches to managing the debt collection process.”
Kent was previously the head of ECOLL. He now leads a fresh management team at CFMG that’s committed to working collaboratively with clients to find the right solution for their individual needs.
ECOLL began its operations in 1975 as the first computerised debt collection agency in Australia and is today a leader in debt recovery. It subsequently developed two complementary businesses to help maximise cash flow and successfully resolve debt. iMS was formed in 1995 for specialty collections, followed by Linton Pitt Lawyers in 2003, which provides related legal services.
In addition to debt recovery, CFMG will also provide a variety of other related services, including insolvency, hardship and deceased management, legal services and customised collections solutions. In so doing, CFMG will be uniquely placed to administer the debt management process end-to-end in a fully compliant environment.
Beyond its expanded service offering, CFMG also anticipates significant organic growth over the next 12-18 months as a result of its ability to promote its services to a broader range of industry sectors. Kent expects additional growth through acquisition as well.
“This is an exciting time for CFMG,” Kent noted. “We believe we have the potential to optimise the debt management process at a time when technological advances and heightened regulatory controls are reshaping the industry. We look forward to partnering with a growing range of clients, helping them to successfully navigate these challenges.”
CMFG’s existing roster of high-profile clients include a range of financial institutions with a considerable domestic and international presence.