Aussie Home Loans boss John Symond announces shock retirement as chairman of the company he built 28 years ago
The legend behind the 'we'll save you' catch-cry has announced his retirement from Aussie Home Loans after almost 29 years on the job.
Chairman John Symond retired on Tuesday following an incredibly rewarding career spanning over three decades.
He said the company, which is now known simply as Aussies, remains in good hands with his nephew James Symond as CEO.
Geoff Austin, who worked as director of Colonial Mutual Assurance and AIA Australia, will replace Mr Symond as chairman of Aussie.
Amber Symond and John Symond attend the annual Gold Dinner at Fox Studios on May 30, 2019 in Sydney
'I have had a long and rewarding journey with Aussie, which now has a team of over 1000 people - covering staff, mortgage brokers and franchisees in over 200 stores across Australia,' Mr Symond told Nine News.
'I am most proud of leading the revolution that has helped millions of Australian consumers by lowering their costs through increased competition amongst the major lenders in providing cheaper interest rates and better customer service.'
In 1992, Mr Symond founded Aussie Home Loans and took on the four big banks by changing the mortgage market.
'For nearly 30 years we have been enabling Aussies to progress their home ownership dreams,' their website reads.
'And to date, we have helped over 1.3 million Australians with their home loan needs.'
John Symond announced his retirement on Tuesday following almost 30 years as CEO
Mr Symond pictured in 1994, just two years after founding Aussie Home Loans
The company welcomed James to the company revealing that he has been with Aussie since his uncle launched the business.
'Our CEO James Symond has been with Aussie since the very first day his uncle, John Symond, opened the doors,' the website read.
'Aussie was built on family values and still operates as a family style business today.
'Our Aussie family includes our team members, brokers, lending partners and valued customers.'