New foreign exchange player SendFX welcomes former BOQ CEO Jon Sutton to their Advisory Board
Multi-award winning international payments and technology service providers SendFX is welcoming former Bank of Queensland CEO, Jon Sutton, as their newest Advisory Board member.
Jon Sutton will be working alongside CEO Paul Billing and the Send management and advisory committee to continue unboxing a payments solution for businesses and customers that is faster, cheaper and more secure.
Send’s mission is to deliver a truly global payments platform that will connect people with their money like never before. With the right technology and licensing, along with guidance from Mr Sutton, Send will continue to remove expensive and complex layers typically associated with international banking.
Jon started in the finance industry in the early 1990’s where he was a Corporate Treasurer for one of Australia’s leading exporters, actively managing 750 million in currency exposure. After this, he spent 18 years working for Commonwealth bank, with 10 years in financial markets leading foreign exchange sales, interest rate and commodity divisions, while advising corporates on how to manage their financial exposures. More recently Jon spent over eight years as CEO of nation-leading challenger banks, Bankwest and Bank of Queensland.
As a results-oriented leader who has a track record of delivery and ability to grow new business while setting strategic agendas, Jon is inspired by Send’s “people, the passion they have for their customers and the values they hold.” Mr Sutton states he’s most excited about “being part of a team that is disrupting traditional business models and focusing on creating value for the customer.”
When it comes to the fintech, wider payments and banking industry, Jon notes that “consumers and businesses are demanding intermediaries to deliver services that are transparent with minimum friction.” He thinks that “Send is in a prime position to partner with corporates and consumers to drive real partnerships in a digital world that delivers value.”
Mr Sutton will be using his experience as a sounding board for the Send team to develop the business at pace and will be helping with key customer acquisition, capital raising and assisting with new growth opportunities.
CEO Paul Billing is excited to bring Jon onto the team, saying that “a man of Jon’s calibre and experience could work with anyone, so we’re proud that he has chosen to work with Send. We’re looking forward to tapping into his knowledge to help catapult Send’s growth and product offering so we can provide even more value to our partners and clients.”
