Leading fintech gears up for IPO by appointing two new directors

New appointees jump ship from ME Bank and AMEX

Leading fintech gears up for IPO by appointing two new directors

News

By Mike Wood

Leading fintech Society One has announced two new Independent Non-Executive Directors as they prepare for a potential IPO later this year.

With their first foray into the stock market heavily rumoured to come in 2021, the two new appointees will provide vital knowledge and experience to the fintech’s board.

Melanie Cochrane arrives after a career at American Express, where she was previously Senior Vice President, having led Merchant Services and before that, Corporate Payments.

Jamie McPhee has a long banking history in Australia: he was most recently CEO at ME Bank and has also worked at Bendigo and Adelaide Bank.

"Melanie and Jamie both bring extensive financial industry experience, fortifying our strategic, governance and risk capabilities,” SocietyOne CEO Mark Jones told Australian Broker.

We’re still a fintech, it’s in our DNA and we’ll continue to innovate, move quickly and provide the best possible products and services to our customers. The appointment to Melanie and Jamie supports our strong and continued growth."

Melanie Cochrane added: “I am thrilled to be joining the Board. I believe this is an exciting time for SocietyOne in its growth journey, and with the key ingredients of a market leading customer experience and digital know how, I see a very bright future.”

Jamie McPhee said: “SocietyOne is at an extraordinary time in its journey. I am pleased to be joining the Board and having the opportunity to contribute to the next phase of the company’s growth and development.”

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