The chief executive of a company which promotes common data standards across the lending industry has announced his resignation.
LIXI CEO Erik Fenna, who has been a director since 2005 and chief executive since 2008, will step down in late May.
The company board has appointed senior bank executive Bruce Treloar to replace him.
LIXI chairman Paul Lahiff
said Fenna was integral to rolling out LIXI standards across the industry and successfully rolled out LIXI 2.0, a program which faster processes broker-originated loans and aids in effective communication across the industry supply chain.
Fenna said he is “enormously pleased” with the successful rollout of LIXI 2.0, and with the involvement from a wide range of industry players that has led to the program’s universal adoption.
Treloar comes to the role after a number of years in senior roles at Westpac and Bank of Melbourne, with particular strengths in key industry projects such as electronic conveyancing.