Lendi Group has elevated Devesh Maheshwari to the role of Chief Technology Officer (CTO) as the Australian fintech firm accelerates its transition towards becoming an AI native organisation by mid-2026. The move signals the company’s growing emphasis on artificial intelligence, platform intelligence and technology-led growth.
In his new role, Maheshwari will lead the overall technology strategy across Lendi Group’s flagship brands, Aussie and Lendi. His responsibilities will span engineering, platform architecture, cybersecurity and the group’s core AI initiatives, which are central to its long-term business roadmap.
Leadership Transition and Strategic Focus
The appointment comes at a time of broader leadership changes within the Sydney headquartered company. Lendi Group co-founder Sebastian Watkins is set to take over as Chief Executive Officer in early 2026, succeeding David Hyman. Hyman will continue to remain involved with the business as a board member and special adviser, focusing primarily on AI adoption and growth strategy.
Watkins said Maheshwari’s promotion reflects the critical role that technology and AI play in shaping Lendi Group’s future. He highlighted Maheshwari’s ability to bridge technology, product and business strategy, calling him a strong innovator who has consistently driven progress across the organisation.
Driving an AI-Native Transformation
Lendi Group operates a fully integrated digital platform that covers property search, buyer advocacy, mortgage broking, conveyancing and home ownership services. With
increasing competition from digital-first lenders and comparison platforms, the company is doubling down on AI-driven workflows and data-led decision-making to stay ahead.
The group’s AI roadmap aims to enhance how brokers, partners and customers interact with its platform. By embedding intelligence across the property and lending lifecycle, Lendi Group plans to improve efficiency, personalise customer experiences and simplify complex lending processes.
Experience and Technology Leadership
Maheshwari brings deep experience in leading technology teams across regulated industries. Prior to becoming CTO, he served as General Manager of Technology at Lendi Group, where he oversaw platform development, delivery and operational technology functions.
He has previously held senior CIO and CTO roles and is known for leading large-scale digital and cultural transformations. The company describes him as a strategic leader focused on delivering tangible business value through modern technology and innovation.
With this promotion, Maheshwari will play a key role in decisions related to AI governance, cybersecurity and platform architecture—areas that are increasingly under regulatory and industry scrutiny as digital lending platforms grow more sophisticated.
Vision for the Next Phase
Commenting on his appointment, Maheshwari said the timing aligns with a pivotal phase in Lendi Group’s journey. He emphasised that becoming AI-native is not just about deploying new tools, but about fundamentally rethinking how value is created across the ecosystem.
Lendi Group currently supports around 1,350 brokers through more than 215 retail locations nationwide and manages a home loan book exceeding $107 billion. The company employs close to 1,000 people across its operations.
Looking ahead, Maheshwari said the focus will be on building an intelligent platform that anticipates customer needs, reduces complexity and enhances outcomes across the entire property and home loan journey—while maintaining high standards of security, trust and reliability.
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