Synergy One Lending poaches senior executive from Fairway

He will lead the lender's digital transformation

Synergy One Lending poaches senior executive from Fairway

Synergy One Lending has hired mortgage tech leader Baiju Thakkar (pictured) from Fairway Independent Mortgage as it gears up for the digital evolution of its business.

An industry veteran with 20 years of experience, Thakkar will take on the role of chief technology officer at Synergy. He made the switch from Fairway, where he most recently served as senior vice president of application development and innovation. Before that, he spent eight years as a technology team leader at Priceline.com.

“I am blessed and honored to join such an immensely talented group of teammates as we focus on differentiating by investing in innovative technology initiatives,” Thakkar said. “Our technology vision is to create connected consumer financial products leveraging data, cloud, and AI, to build experience loyalty throughout the consumer’s lifetime journey.”

The San Diego-headquartered lender recently launched a financial wellness app in an effort to boost its engagement with its customers. Synergy One CEO Steve Majerus said the app is just the start of its journey to differentiate the experience the company provides its clients.

Read more: Synergy One Lending launches financial wellness app

Commenting on Thakkar’s appointment, Majerus said: “We are so pleased to have someone of Baiju’s experience and technical skills join us at this time in our company’s evolution. He really brings the best combination of understanding where fintech innovation can be maximized and apply solutions that scale to support our team in delivering a modern and more cost-effective experience for our customers. He is truly going to make his mark in leading our company in this direction.”