Gerd Schenkel


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

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

In July 2020, Credit Clear confirmed that it was preparing for an Initial Public Offering on the Australian Stock Exchange. [5]

Until June 2017, he was the CEO of Tyro Payments, an Australian EFTPOS services company, aiming to "disrupt" the incumbent banks.[6][7][8][9]

In December 2019, Tyro Payments listed on the Australian Stock Exchange. [10] As of 15 July 2020, the company's market capitalisation was approxiamtely A$1.85b [11]

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".[12] The Australian Financial Review reported that Schenkel was pursuing "a new banking venture”.[13] Schenkel is the Managing Director of consultancy "BGA Digital".[14]

Prior to Tyro, Gerd Schenkel was the founder and Executive Director of Telstra Digital, the digital division of one of Australia's largest corporations.[15][16][17][18][19]

At Telstra, he led the launch of Belong, Telstra's low cost broadband business which as of June 2017 had over 150,000 customers.[20][21]

In 2008, he launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b.[22][23][24]

Before launching UBank, Schenkel was general manager of NAB's CRM system.[25]

Prior to that, Schenkel worked for The Boston Consulting Group.[26]

Schenkel has a master's degree in Engineering and an MBA from the Columbia Business School in New York.[27] He is the co-author of several scientific articles in the field of robotics.[28]

He is a regular contributor to the Australian business community [14] and in November 2017 was appointed to the Federal Treasurer's Small Business Digitisation Taskforce [29] 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. [30]

In December 2018, Gerd was appointed chairman of Australian FinTech Credit Clear. [31] [32]

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

www.gerdschenkel.com www.pipdigital.com

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