Alex Bank, a 100 per cent digital, Australian-based new bank, has ramped up 2022 growth plans announcing two new executive appointments.
Alex Bank has recently appointed two new executive team members.
Sascha Hunt (Pictured above) has been appointed as chief growth officer and Jeff Nel (Pictured below) as chief operations officer.
The appointments come off the back of a strong 2021 for this young, independent bank, which has aimed to differentiate itself from traditional banking services.
Over the last year, Alex Bank was granted a restricted banking authority from APRA, began scaling their risk-based personal loan product, onboarded its first major broker aggregator partnership with platform finance and successfully raised $20 million in capital to support growth strategy.
Jeff joins Alex Bank from Judo Bank, where he was head of core technology services and business assurance.
He has close to 20 years of global experience within the banking industry across Australia and South Africa.
Since coming to Australia in 2008, Jeff has been part of the start-up and scale-up teams for both UBank and Judo Bank.
Sascha joins the company from Aussie, where she was head of brand and marketing.
She has decades of experience growing, building and developing brands in the finance and digital sectors, including senior roles at Allianz, Tabcorp, Google, BT Financial Group, Citibank and ING Direct.
Sascha will drive accelerated growth for the multi-award-winning bank through direct-to-consumer and broker channels.
CEO and co-founder, Alex Bank, Simon Beitz, said, “We are delighted to have both Sascha and Jeff on board.”
“Together they have close to 40 years of experience within the banking and digital sectors.”
“They are industry experts, and their expertise will be invaluable as we continue to execute on our growth strategy”.
CFO and co-founder, Alex Bank, Craig Fenwick, added, “We’re expanding our reach with the broker network and are laser-focused on delivering the best customer experience.”
“With the appointments of Sascha and Jeff, I’m confident that we have the right executive team in place to deliver on these goals”.
About Alex Bank
For those unfamiliar with Alex Bank, the company was founded in 2018.
Its core mission is to deliver fast, simple, fair, flexible and human banking to customers.
To date, they’ve settled over $25 million in loans to high-quality borrowers.
