Gerd Schenkel

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Gerd Schenkel
Born
Nationality (legal)Australian/German
Children2
Websitehttp://www.gerdschenkel.com


Gerd Schenkel MS (Robotics), MBA (Columbia), born on 27th May 1974, is an Australian business person,[1] chairman of Credit Clear,[2] [3] and Director and digital practice leader at Partners in Performance, a consultancy.[4] [5]

In October 2020, Credit Clear listed on the Australian Stock Exchange via an initial public offering under the ticker symbol CCR. [6] [7] [8] [9] [10] [11]

Until June 2017, he was the CEO of Tyro Payments, an Australian EFTPOS services company, aiming to "disrupt" the incumbent banks.[12][13][14][15]

In December 2019, Tyro Payments listed on the Australian Stock Exchange. [16] As of 15 July 2020, the company's market capitalisation was approximately A$1.85b [17]

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".[18] The Australian Financial Review reported that Schenkel was pursuing "a new banking venture”.[19] Schenkel is the Managing Director of consultancy "BGA Digital".[20]

Prior to Tyro, Gerd Schenkel was the founder and Executive Director of Telstra Digital, the digital division of one of Australia's largest corporations.[21][22][23][24][25]

At Telstra, he led the launch of Belong, Telstra's low cost broadband business which as of June 2017 had over 150,000 customers.[26][27]

In 2008, he launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b.[28][29][30]

Before launching UBank, Schenkel was general manager of NAB's CRM system.[31]

Prior to that, Schenkel worked for The Boston Consulting Group.[32]

Schenkel has a master's degree in Engineering and an MBA from the Columbia Business School in New York.[33] He is the co-author of several scientific articles in the field of robotics.[34]

He is a regular contributor to the Australian business community [20] and in November 2017 was appointed to the Federal Treasurer's Small Business Digitisation Taskforce [35] 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. [36]

In December 2018, Gerd was appointed chairman of Australian FinTech Credit Clear. [37] [38]

References

  1. ^ http://www.theaustralian.com.au/business/financial-services/tyros-new-boss-gerd-schenkel-says-fintech-revolution-mostly-hype/news-story/53f3531516350cd11c873718fe089f12
  2. ^ 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
  3. ^ https://www.theaustralian.com.au/business/margin-call/bidding-war-erupts-for-minnow-listed-kiddie-carer-think-childcare/news-story/9d177220047503260dc61e9a2f4f959b
  4. ^ https://www.consultancy.com.au/news/816/partners-in-performance-launches-digital-transformation-unit
  5. ^ https://which-50.com/consultancy-partners-in-performance-taps-gerd-schenkel-to-lead-new-digital-practice/
  6. ^ https://www2.asx.com.au/content/asx/search.html?q=ccr
  7. ^ https://www.theaustralian.com.au/business/financial-services/debt-collector-credit-clear-to-push-ahead-with-ipo-amid-market-volatility/news-story/df54d3c7bdc24539de5d9101eb46891c
  8. ^ https://www2.asx.com.au/listings/upcoming-floats-and-listings
  9. ^ https://www.afr.com/street-talk/ipo-watch-roadshows-galore-window-wide-open-20201025-p568b9
  10. ^ https://www.theaustralian.com.au/business/markets/credit-clear-jumps-31pc-on-asx-debut/news-story/be22b60c1eb7ac1b761f335643d52766
  11. ^ https://www.fool.com.au/2020/10/29/the-credit-clear-asxccr-share-price-has-rocketed-133-since-its-ipo-this-week/
  12. ^ "Tyro turns to Gerd Schenkel as new CEO to disrupt the banks". Afr.com. 19 October 2016. Retrieved 2016-10-22.
  13. ^ "UBank Founder Gerd Schenkel Takes Helm at Tyro". The Australian. Retrieved 2016-10-22.
  14. ^ "Former Telstra digital chief takes CEO spot at fintech player Tyro". Cio.com.au. Retrieved 2016-10-22.
  15. ^ "Tyro Payments brings in Aussie banking tech veteran - IBS Intelligence". Ibsintelligence.com. 20 October 2016. Retrieved 2016-10-22.
  16. ^ https://www.afr.com/street-talk/tyro-ipo-bookbuild-launched-20191202-p53fwu
  17. ^ https://www.asx.com.au/asx/share-price-research/company/TYR
  18. ^ "Tyro Chief Executive Officer Gerd Schenkel Resigns - Tyro Payments".
  19. ^ "Departing Tyro chief Gerd Schenkel cites growth challenges and eyes new venture". 14 June 2017.
  20. ^ a b "Access to capital only the start for early-stage businesses". 30 October 2017.
  21. ^ "Telstra calls on Master of Robotics to rewire its malfunctioning internet home page". The Australian. Retrieved 2016-10-22.
  22. ^ "Telstra to expand online service and add more than 100 new stores". Telstra.com.au. 2011-02-21. Retrieved 2016-10-22.
  23. ^ 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 2016-10-22.
  24. ^ "Telstra - Telstra's Digital Story". Telstra.com.au. Archived from the original on 2016-10-07. Retrieved 2016-10-22.
  25. ^ Battersby, Lucy. "Telstra wants to get more customers online". Smh.com.au. Retrieved 2016-10-22.
  26. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2017-08-17. Retrieved 2017-08-17.{{cite web}}: CS1 maint: archived copy as title (link)
  27. ^ "Telstra gives subsidiary internet provider Belong a push along". 11 June 2014.
  28. ^ "NAB unveils UBank". Nab.com.au. Retrieved 2016-10-22.
  29. ^ "Financial results". Nab.com.au. Retrieved 2016-10-22.
  30. ^ McIntyre, Paul. "NAB goes online to reach people allergic to banks". Smh.com.au. Retrieved 2016-10-22.
  31. ^ http://east.com.au/publications/banking-news/executive-interview-gerd-schenkel-general-manager-customer-strategy-cross-m
  32. ^ Pash, Chris (19 October 2016). "Major Australian fintech Tyro just hired the UBank founder as its CEO".
  33. ^ "Gerd Schenkel joins Jost Stollmann as Tyro's new CEO to build the nextGen Bank - Tyro Payment". Tyro.com. Retrieved 2016-10-22.
  34. ^ "Google Scholar". scholar.google.com.au.
  35. ^ Pash, Chris (20 November 2017). "Mark Bouris will head the Turnbull government's small business taskforce on going digital".
  36. ^ https://www.budget.gov.au/2018-19/content/myefo/download/MYEFO_2018-19.pdf
  37. ^ https://www.theaustralian.com.au/business/financial-services/fintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection/news-story/3d04e39d2c951ad949f122d26ebb3e5c
  38. ^ https://which-50.com/gerd-schenkel-joins-credit-clear-as-chairman/

External links

www.gerdschenkel.com www.pipdigital.com