Plenti have introduced the appointment of Adam Bennett (pictured) as CEO, efficient from 22 July 2024. Adam will exchange Daniel Foggo who will retire as Plenti’s CEO, having been within the function for over ten years. Daniel will stay a Director and important shareholder of Plenti and can proceed to actively help the corporate’s development initiatives.
Adam’s integration into Plenti might be supported by Daniel in addition to Plenti’s government staff, together with two co-founders, Ben Milsom and Glenn Riddell.
Adam Bennett is a extremely skilled monetary providers government with robust management talents and a confirmed monitor report of efficient execution. Adam was the inaugural CEO of NSW Land Registry Providers following its $2.6 billion privatisation and led its transformation from a former authorities division into a contemporary, buyer centered and extremely worthwhile non-public firm.
Previous to his function as CEO of the NSW Land Registry, Adam held Government roles at NAB together with Chief Info Officer, Government Basic Supervisor of Technique Execution and Government Basic Supervisor Digital & Direct Banking. Notably, he led NAB digital and direct banking channels throughout mortgages, private loans and SME loans, at a time of speedy development. Previous to his Government roles at NAB, Adam led Know-how & Operations at Financial institution of New Zealand.
Mary Ploughman, Chairman of Plenti, mentioned the Board sees Daniel’s transition from CEO to Director as a pure development, and is worked up by Adam’s appointment. Ploughman mentioned, “The Board congratulates Daniel for being a FinTech pioneer, having led Plenti to attain many unimaginable milestones as CEO, while driving the enterprise to innovate and lift the bar in retail monetary providers in Australia. The energy of Plenti’s FY24 outcomes introduced final month reveals Daniel’s imaginative and prescient coming to life, and we sit up for persevering with to profit from his strategic considering and expertise.”
“Adam was the excellent candidate by the intensive search course of we undertook, and we’re delighted to have attracted a CEO of Adam’s calibre to guide Plenti by the following stage of its development journey. Adam’s depth of expertise in monetary providers, expertise, technique design and execution guarantee he’s extraordinarily effectively positioned to leverage the robust foundations constructed by Daniel. The mandate from the Plenti Board is for Adam to proceed to drive the robust and disciplined development that Plenti has achieved during the last decade,” Ploughman added.
Adam Bennett mentioned he was delighted to be becoming a member of Plenti as CEO, saying, “I used to be drawn to Plenti by its technology-led mannequin and by the energy and consistency of its monitor report. Since spending time with the Plenti Board and government staff, I couldn’t be extra enthusiastic about main Plenti by its subsequent stage of development.”
Daniel Foggo mentioned he stays dedicated to supporting Plenti’s development and success, stating, “After a decade of constructing Plenti as CEO it’s time to maneuver to supporting the enterprise as a Director and shareholder. I stay considerably invested within the enterprise and deeply dedicated to serving to Plenti obtain its mission of constructing Australia’s greatest lender, and I stay enthusiastic about all that we are able to obtain.”
