Shaun Rademeyer, ex-CEO of BetterBond, will take the reins at MultiNET as its new CEO on 1 July, 2018.

The reason why Rademeyer will only take up his new role in July is because he is honouring a six-month restraint of trade with his former employer.

“BetterBond is a great company with amazing people and I wish them all the best for the future,” he said. “Making this decision has been one of the most challenging times of my career, but one of the key things I learned in my time with the group was to be bold in the pursuit of one’s dreams.

Shaun Rademeyer, new CEO of MultiNet Home Loans

“I also believe that the presence in the market of independent originators like MultiNET is important, because it ensures that the industry remains competitive, for the benefit of borrowers as well as other stakeholders.”