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.”