Prospa appoints Non-Executive Directors and Chairman
Prospa, Australia’s #1 online lender to small business, has today announced the appointment of Gail Pemberton AO and Fiona Trafford-Walker as Independent Non-Executive Directors to the Prospa Board. In addition, current Non-Executive Director Greg Ruddock has been appointed to the role of Chairman of the Board, having recently stepped down from the Board of Eclipx Group Limited to focus on Prospa.
The new Board members will join existing Non-Executive Directors Avi Eyal from Entrée Capital, James Cameron from AirTree Ventures, and Executive Directors and Co-Founders Greg Moshal & Beau Bertoli.
Joint CEO Greg Moshal commented:
“Prospa’s success has been the result of a group of smart, talented and passionate people united around a common vision to change the way small businesses experience finance. Gail and Fiona share this vision.
“The appointment of Gail brings a rare combination of experience in the financial services and technology sectors, having worked in both non-executive and executive roles at leading public and private growth companies including Paypal, Macquarie, Eclipx, OneVue and Melbourne IT.”
“Fiona’s investment and governance skills, combined with her strong understanding of asset owners and global markets gained from experience at Link Administration Holdings and Frontier Advisors, will help us grow our world class capital and risk platforms.”
With regard to Greg Ruddock’s appointment to the role of Chairman, Joint CEO Beau Bertoli added:
“Greg Ruddock has been instrumental in shaping the direction of the company, helping us grow into a market leader today. His appointment to the Chairman role underpins our ambitious growth strategy as we continue to empower a new generation of small businesses with innovative finance solutions.”
Commenting on the appointments, Chairman Greg Ruddock said:
“We’re delighted to have people of the calibre of Fiona and Gail, both highly respected for their contribution to financial services and technology, serving on our Board of Directors. Their proven track record, knowledge and expertise will add additional breadth to the Board as we continue our quest to make business loans faster, friendlier, and more accessible.”
“On a personal note, I’m excited to have been appointed Chairman and look forward to advising Prospa on the next stage of its development. In just six years, the Prospa team have done an outstanding job of building the leading fintech provider in its field and helping more than 12,000 Australian small businesses receive the finance they need to thrive.”
