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Written by Matt Kirk Published: May 6 2020 Investments
Cashwerkz appoints Jon Lechte as the new CEO to drive growth and innovation. Jon joins Cashwerkz to lead the growth trajectory as cash and fixed interest becomes an even more necessary asset in the current climate. As such, the appointment will leverage his vast experience to innovate product and technology services up the defensive yield curve, and generate further revenue opportunities.
Jon has previously been a Board Member and investor of FIIG between 2008 and 2015, as well as leading the Bond, Research, Sales, Product Origination and Risk Management teams as their Head of Markets. He spent 14 years at UBS as the Head of Asia and Japan for Fixed Income and Debt Origination, Head of Fixed Income for Australia as well as Head of Fixed Interest Trading in Australia. Jon was also a Founding Director for Yieldbroker back in 1999.
More recently Jon Lechte is an investor and Board Member of Moneyme (ASX: MME) as well as being an investor in many start-ups across Financial Services and other sectors.
The new CEO said on the appointment:
“I am very excited to help lead Cashwerkz to grow the flow of funds on to the platform, innovate in product and technology to generate more revenue streams and grow our talent to execute our strategy”.
Executive Chairman, John Nantes said:
“We are delighted to announce Jon as our CEO given his proven experience, leadership and entrepreneurship. Jon is very well known in the industry and has a solid reputation for delivering high performance and putting customers first. The true value of marketplace solutions has significantly grown in the current environment and Cashwerkz is well placed with Jon as our CEO.”
“On behalf of the board, I would like to also thank Hector Ortiz for his efforts and enormous contribution as acting CEO over the previous months. Hector will now be solely focused on his role as Head of Sales and Global Distribution, building the domestic and international business.”
See more in the Cashwerkz ASX release here.