LIXI welcomes two new board directors

New appointees represent Westpac, Sandstone Technology

LIXI welcomes two new board directors

News

By Jayden Fennell

Non-profit company LIXI Limited has appointed two new people to its board of directors.

Mirella Gallace (pictured above left) will be representing Westpac and Abhish Saha (pictured above right) will be representing Sandstone Technology and their appointments are effective immediately.

LIXI is owned by the big four banks (Commonwealth Bank, NAB, ANZ and Westpac) and develops standards for data messaging to the mortgage processing industry.

Speaking on her new appointment, Gallace said it was a privilege to be appointed to the board as a director. She has worked at Westpac for eight years in business roles and is currently the bank’s head of product and service, mortgages.

“Data is a critical enabler for the financial services industry and I am ready to play an active role with LIXI’s board as the management team continue to deliver innovation and efficiencies in data automation and standards,” Gallace said. “I would like to thank chairman Mike Thanos and CEO Shane Rigby for their support in my appointment and I look forward to working with them and the board.”

Saha has worked across several technology-related industries in his career and said he had witnessed the many benefits of a consistent and well-defined set of standards and interfaces.

“I believe these factors combined bring stronger customer experiences and industry outcomes,” Saha said. “I am excited to be appointed to the LIXI board as a director and look forward to contributing to the board and supporting the management team.”

LIXI chair Mike Thanos said he was pleased to welcome both Gallace and Saha to the LIXI board of directors.

“I'd also like to say thank you and farewell to Warren Shaw whose expertise and commitment have been incredibly valuable to LIXI,” Thanos said. “The entire board wishes him all the best in the future.”

Thanos said LIXI was hard at work enabling simpler data and API integrations, lowering the cost of change, increasing its speed to market and encouraging innovation.

“LIXI has been in operation for over 20 years and our standards are critical to the ecosystem of participants across the lending industry in Australia and New Zealand,” he said.

“As a not-for-profit member-based organisation, our mission is to continue to make data exchange more efficient as well as encourage and support innovation. Our large community consists of more than 150 organisations including lenders, broker groups, lawyers, valuers, mortgage insurers, service providers, software providers and industry associations.”

Gallace and Saha join the LIXI board, whose directors include Thanos from Domain, Dimitra Dinos (Commonwealth Bank), Martin Lam (Lendi), Martyn Beer (Cloudcase Software Solutions), Shelley Cotter, the general manager customer contact centre at ANZ Retail, Phil Quin-Conroy (AMP Bank) and Stephen Moore, managing director of PCF Group. 

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