Fintech hub hires suite of board members, chairman
Leona Murphy will replace Craig Dunn as chairman of Asian fintech hub, Stone & Chalk, which has also appointed a suite of new board members as it phases out of start-up and into scale-up.
Dunn’s three-year term as chairman was set to expire in November, and CEO Alex Scandurra said Dunn would remain an ambassador of the fintech and would continue to build Asia’s fintech ecosystem.
Murphy has 20 years’ experience in financial services, including 10 years in C-Suite roles in top 20 ASX-listed organisations.
“She has more than proven her commitment to fostering and accelerating the development of our world-leading portfolio of fintechs during her tenure on our board over the last three years,” said Scandurra.
Murphy would be integral in helping shape and guide Stone & Chalk’s approach as it moves into its “ramp-up” phase.
Seven new board members were also appointed, joining Ian Pollari, who remained as a director after joining at the fintech’s inception, and who is currently global co-lead of KPMG’s fintech practice and head of KPMG’s banking sector in Australia.
“It’s well-known that boards with greater diversity across factors, such as industry background and experience, achieve higher revenue growth, profitability and shareholder returns than those without,” said CEO Scandurra.
“As we head into our next phase of rapid expansion, we are confident that the team we have selected possesses the perfect balance of experience, skills and perspectives to take us to the next level and beyond.”
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.