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'''Gerd Schenkel''' is an Australian-German businessperson.<ref>http://www.theaustralian.com.au/business/financial-services/tyros-new-boss-gerd-schenkel-says-fintech-revolution-mostly-hype/news-story/53f3531516350cd11c873718fe089f12 {{Bare URL inline|date=November 2021}}</ref> He is Non-executive Director <ref>{{cite web | url=https://smallcaps.com.au/credit-clear-new-chairman-final-capital-raising-stage-arma-acquisition/ | title=Credit Clear gains new chairman, completes final capital raising stage of ARMA acquisition | date=24 February 2022 }}</ref> (Chairman until February 2022) of Credit Clear (ASX.CCR),<ref>{{cite web |url=http://www.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Ffintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection%2Fnews-story%2F3d04e39d2c951ad949f122d26ebb3e5c&usg=AOvVaw0yai_jxhqhZKwrXmiG1hrF |title=Archived copy |website=www.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Ffintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection%2Fnews-story%2F3d04e39d2c951ad949f122d26ebb3e5c&usg=AOvVaw0yai_jxhqhZKwrXmiG1hrF |archive-url=https://web.archive.org/web/20170220175602/http://acn.com.ve/ |archive-date=2017-02-20 |url-status=}}</ref><ref>https://www.theaustralian.com.au/business/margin-call/bidding-war-erupts-for-minnow-listed-kiddie-carer-think-childcare/news-story/9d177220047503260dc61e9a2f4f959b {{Bare URL inline|date=November 2021}}</ref> Non-executive Director of [[Genworth Mortgage Insurance]] (ASX.GMA),<ref>https://investor.genworth.com.au/DownloadFile.axd?file=/Report/ComNews/20211206/02462568.pdf {{Bare URL PDF|date=April 2022}}</ref> and Partner at [[Kearney (consulting firm)|Kearney]], a global consultancy.<ref name="ReferenceA">{{cite web |title=PwC partner heads to KPMG, BCG consultant moves to rival |date=18 March 2021 |url=https://www.afr.com/companies/professional-services/pwc-partner-heads-to-kpmg-bcg-consultant-moves-to-rival-20210309-p5793t}}</ref>
'''Gerd Schenkel''' is an Australian-German businessperson.<ref>http://www.theaustralian.com.au/business/financial-services/tyros-new-boss-gerd-schenkel-says-fintech-revolution-mostly-hype/news-story/53f3531516350cd11c873718fe089f12 {{Bare URL inline|date=November 2021}}</ref> He is the former Chair <ref>{{cite web | url=https://smallcaps.com.au/credit-clear-new-chairman-final-capital-raising-stage-arma-acquisition/ | title=Credit Clear gains new chairman, completes final capital raising stage of ARMA acquisition | date=24 February 2022 }}</ref> of Credit Clear (ASX.CCR),<ref>{{cite web |url=http://www.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Ffintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection%2Fnews-story%2F3d04e39d2c951ad949f122d26ebb3e5c&usg=AOvVaw0yai_jxhqhZKwrXmiG1hrF |title=Archived copy |website=www.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Ffintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection%2Fnews-story%2F3d04e39d2c951ad949f122d26ebb3e5c&usg=AOvVaw0yai_jxhqhZKwrXmiG1hrF |archive-url=https://web.archive.org/web/20170220175602/http://acn.com.ve/ |archive-date=2017-02-20 |url-status=}}</ref><ref>https://www.theaustralian.com.au/business/margin-call/bidding-war-erupts-for-minnow-listed-kiddie-carer-think-childcare/news-story/9d177220047503260dc61e9a2f4f959b {{Bare URL inline|date=November 2021}}</ref> Non-executive Director of [[Genworth Mortgage Insurance]] (ASX.GMA),<ref>https://investor.genworth.com.au/DownloadFile.axd?file=/Report/ComNews/20211206/02462568.pdf {{Bare URL PDF|date=April 2022}}</ref> and Partner at [[Kearney (consulting firm)|Kearney]], a global consultancy.<ref name="ReferenceA">{{cite web |title=PwC partner heads to KPMG, BCG consultant moves to rival |date=18 March 2021 |url=https://www.afr.com/companies/professional-services/pwc-partner-heads-to-kpmg-bcg-consultant-moves-to-rival-20210309-p5793t}}</ref>


== Education ==
== Education ==

Revision as of 01:54, 28 June 2022

Gerd Schenkel
Born
Germany
NationalityAustralian/German
Children2
Websitehttp://www.gerdschenkel.com

Gerd Schenkel is an Australian-German businessperson.[1] He is the former Chair [2] of Credit Clear (ASX.CCR),[3][4] Non-executive Director of Genworth Mortgage Insurance (ASX.GMA),[5] and Partner at Kearney, a global consultancy.[6]

Education

Schenkel has a master's degree in Engineering and an MBA from the Columbia Business School in New York.[6][7] He is the co-author of several scientific articles in the field of robotics.[8]

Career

In 2008, Schenkel launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b.[9][10][11] Before launching UBank, Schenkel was general manager of NAB's CRM system.[12] Prior to that, Schenkel worked for The Boston Consulting Group.[13]

Until June 2017, he was the CEO of Tyro Payments, an Australian EFTPOS services company, aiming to "disrupt" the incumbent banks.[14][15][16][17] In December 2019, Tyro Payments listed on the Australian Stock Exchange.[18] As of 15 July 2020, the company's market capitalisation was approximately A$1.85b [19]

On 13 June 2017 Tyro announced that Gerd Schenkel had resigned because he wanted to "pursue other business opportunities and spend more time with his family".[20] The Australian Financial Review reported that Schenkel was pursuing "a new banking venture”.[21] Schenkel is the Managing Director of consultancy "BGA Digital".[22]

Prior to Tyro, Gerd Schenkel was the founder and Executive Director of Telstra Digital, the digital division of one of Australia's largest corporations.[23][24][25][26][27] At Telstra, he led the launch of Belong, Telstra's low cost broadband business which as of June 2017 had over 150,000 customers.[28][29]

A regular contributor to the Australian business community,[30][22] in November 2017 was appointed to the Federal Treasurer's Small Business Digitisation Taskforce,[31] which led to the federal Government to provide $37.3 million (over four years from 2018) to support small business' adoption of digital tools and methods.[32][30]

In December 2018, Gerd was appointed chairman of Australian FinTech Credit Clear.[33][34]

In October 2020, Credit Clear listed on the Australian Stock Exchange via an initial public offering under the ticker symbol CCR.[35][36][37][38][39][40]

In December 2021, Schenkel was appointed to the Board of Genworth, an ASX listed insurer.[41]

In 2021, Credit Clear announced that it acquired ARMA, a debt collections services business to grow its revenue at a cost of $45m.[42]

In 2021, Schenkel was reported to be part of a "consortium" wanting to acquire ME Bank,[43] but ME Bank was ultimately acquired by Bank of Queensland.[44]


References

  1. ^ http://www.theaustralian.com.au/business/financial-services/tyros-new-boss-gerd-schenkel-says-fintech-revolution-mostly-hype/news-story/53f3531516350cd11c873718fe089f12 [bare URL]
  2. ^ "Credit Clear gains new chairman, completes final capital raising stage of ARMA acquisition". 24 February 2022.
  3. ^ "Archived copy". www.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Ffintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection%2Fnews-story%2F3d04e39d2c951ad949f122d26ebb3e5c&usg=AOvVaw0yai_jxhqhZKwrXmiG1hrF. Archived from the original on 20 February 2017. {{cite web}}: Check |url= value (help)CS1 maint: archived copy as title (link)
  4. ^ https://www.theaustralian.com.au/business/margin-call/bidding-war-erupts-for-minnow-listed-kiddie-carer-think-childcare/news-story/9d177220047503260dc61e9a2f4f959b [bare URL]
  5. ^ https://investor.genworth.com.au/DownloadFile.axd?file=/Report/ComNews/20211206/02462568.pdf [bare URL PDF]
  6. ^ a b "PwC partner heads to KPMG, BCG consultant moves to rival". 18 March 2021.
  7. ^ "Gerd Schenkel joins Jost Stollmann as Tyro's new CEO to build the nextGen Bank - Tyro Payment". Tyro.com. Retrieved 22 October 2016.
  8. ^ "Google Scholar". scholar.google.com.au.
  9. ^ "NAB unveils UBank". Nab.com.au. Retrieved 22 October 2016.
  10. ^ "Financial results". Nab.com.au. Retrieved 22 October 2016.
  11. ^ McIntyre, Paul (22 April 2009). "NAB goes online to reach people allergic to banks". Smh.com.au. Retrieved 22 October 2016.
  12. ^ "East & Partners | Executive Interview – Gerd Schenkel – General Manager, Customer Strategy & Cross Marketing, NAB". Archived from the original on 30 May 2015.
  13. ^ Pash, Chris (19 October 2016). "Major Australian fintech Tyro just hired the UBank founder as its CEO".
  14. ^ "Tyro turns to Gerd Schenkel as new CEO to disrupt the banks". Afr.com. 19 October 2016. Retrieved 22 October 2016.
  15. ^ "UBank Founder Gerd Schenkel Takes Helm at Tyro". The Australian. Retrieved 22 October 2016.
  16. ^ "Former Telstra digital chief takes CEO spot at fintech player Tyro". Cio.com.au. Retrieved 22 October 2016.
  17. ^ "Tyro Payments brings in Aussie banking tech veteran - IBS Intelligence". Ibsintelligence.com. 20 October 2016. Retrieved 22 October 2016.
  18. ^ "Tyro IPO price fixed at $2.75, top of the range". 2 December 2019.
  19. ^ "TYR share price and company information for ASX:TYR".
  20. ^ "Tyro Chief Executive Officer Gerd Schenkel Resigns - Tyro Payments".
  21. ^ "Departing Tyro chief Gerd Schenkel cites growth challenges and eyes new venture". 14 June 2017.
  22. ^ a b "Access to capital only the start for early-stage businesses". 30 October 2017.
  23. ^ "Telstra calls on Master of Robotics to rewire its malfunctioning internet home page". The Australian. Retrieved 22 October 2016.
  24. ^ "Telstra to expand online service and add more than 100 new stores". Telstra.com.au. 21 February 2011. Retrieved 22 October 2016.
  25. ^ Kimmorley, Sarah (19 May 2015). "Telstra's Digital boss has a message for everyone who thinks they can mess up in business: 'Failure is not OK'". Businessinsider.com.au. Retrieved 22 October 2016.
  26. ^ "Telstra - Telstra's Digital Story". Telstra.com.au. Archived from the original on 7 October 2016. Retrieved 22 October 2016.
  27. ^ Battersby, Lucy (20 February 2011). "Telstra wants to get more customers online". Smh.com.au. Retrieved 22 October 2016.
  28. ^ "Archived copy" (PDF). Archived from the original (PDF) on 17 August 2017. Retrieved 17 August 2017.{{cite web}}: CS1 maint: archived copy as title (link)
  29. ^ "Telstra gives subsidiary internet provider Belong a push along". 11 June 2014.
  30. ^ a b "Lessons from forced CEO exits". 19 May 2021.
  31. ^ Pash, Chris (20 November 2017). "Mark Bouris will head the Turnbull government's small business taskforce on going digital".
  32. ^ "Budget Archive" (PDF).
  33. ^ https://www.theaustralian.com.au/business/financial-services/fintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection/news-story/3d04e39d2c951ad949f122d26ebb3e5c [bare URL]
  34. ^ "Which-50".
  35. ^ "Search".
  36. ^ https://www.theaustralian.com.au/business/financial-services/debt-collector-credit-clear-to-push-ahead-with-ipo-amid-market-volatility/news-story/df54d3c7bdc24539de5d9101eb46891c [bare URL]
  37. ^ "Upcoming floats and listings".
  38. ^ "IPO watch: roadshows galore, window wide open". 25 October 2020.
  39. ^ https://www.theaustralian.com.au/business/markets/credit-clear-jumps-31pc-on-asx-debut/news-story/be22b60c1eb7ac1b761f335643d52766 [bare URL]
  40. ^ "The Credit Clear (ASX:CCR) share price has rocketed 133% since its IPO this week". 29 October 2020.
  41. ^ "GMA.AU Company Profile & Executives - Genworth Mortgage Insurance Australia Ltd. - Wall Street Journal".
  42. ^ "Credit Clear raising $29.5m to acquire debt recovery biz ARMA Group". 13 December 2021.
  43. ^ "Subscribe to the Australian | Newspaper home delivery, website, iPad, iPhone & Android apps".
  44. ^ "ME Bank closing in on deal with Bank of Queensland, shareholders told". 18 February 2021.

External links

www.gerdschenkel.com www.pipdigital.com

Retrieved from "https://en.wikipedia.org/w/index.php?title=Gerd_Schenkel&oldid=1095383224"