Vancouver, BC – January 20, 2015: Crelogix Acceptance Corporation, a leading Canadian consumer financing provider, has appointed Joe Oudaimy as Vice President and General Manager of the Consumer Durables division.
Mr. Oudaimy has over 30 years of leadership experience in commercial and consumer lending with a proven track record of building and growing businesses. At Merchant Retail Leasing Services, he generated an annual merchant volume of 325,000 applications with an average ticket of $3,500. This resulted in an annual volume of $750M from the Eastern Canadian Region, significantly contributing to the bottom line growth of clients such as Bombardier, Yamaha, Westburn Electric, and UAP/NAPA. At CIBC he played a pivotal role in the management of branch mergers and in the significant growth of multiple branch portfolios including the Vancouver Flagship portfolio by over $200M.
Crelogix’s Consumer Durables Division provides appliance, electronic, musical instrument, sports, fitness equipment, jewelry, art work, casket, office products, and furniture sector manufacturers, wholesalers and their networks of retailers with point of sale instalment credit financing solutions.
“We are pleased to welcome Mr. Oudaimy as Vice President and General Manager of our Consumer Durables division. His mandate will be to enhance and develop new strategic programs and partnerships with trade associations, manufacturers, wholesalers and retailers that can benefit from Crelogix’s capital, technology and industry know-how to grow their organizations’ sales.” said Karl Sigerist, President and Chief Executive Officer of Crelogix. “Joe’s demonstrated success in conceiving, developing and leading high performance teams will be a great addition to our group”
“I am thrilled to bring Crelogix my experience in creating strong relationships with existing and new partners and leading our local and regional sales teams with the goal of achieving strategic objectives for all stakeholders.” Mr. Oudaimy said.
Crelogix is Canada’s most business friendly specialty finance company. Since 1974 Crelogix has been creating consumer finance programs that people love by providing its capital, technology, industry expertise and financial know-how to providers of consumer products and services.
Through consultation with our partners, Crelogix creates the lowest cost and most convenient sales finance programs, structured to help our partners attract and retain more customers, close more sales and increase their overall profitability. For more information go to www.crelogix.com.
Crelogix…creating consumer finance programs that people love.
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