Plenti have introduced the appointment of Adam Bennett (pictured) as CEO, efficient from 22 July 2024. Adam will change Daniel Foggo who will retire as Plenti’s CEO, having been within the function for over ten years. Daniel will stay a Director and vital shareholder of Plenti and can proceed to actively assist the corporate’s development initiatives.
Adam’s integration into Plenti can be supported by Daniel in addition to Plenti’s govt crew, together with two co-founders, Ben Milsom and Glenn Riddell.
Adam Bennett is a extremely skilled monetary companies govt with sturdy management skills and a confirmed monitor file 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 targeted and extremely worthwhile personal firm.
Previous to his function as CEO of the NSW Land Registry, Adam held Government roles at NAB together with Chief Data Officer, Government Common Supervisor of Technique Execution and Government Common Supervisor Digital & Direct Banking. Notably, he led NAB digital and direct banking channels throughout mortgages, private loans and SME loans, at a time of fast development. Previous to his Government roles at NAB, Adam led Expertise & Operations at Financial institution of New Zealand.
Mary Ploughman, Chairman of Plenti, stated the Board sees Daniel’s transition from CEO to Director as a pure development, and is happy by Adam’s appointment. Ploughman stated, “The Board congratulates Daniel for being a FinTech pioneer, having led Plenti to attain many unbelievable milestones as CEO, while driving the enterprise to innovate and lift the bar in retail monetary companies in Australia. The energy of Plenti’s FY24 outcomes introduced final month exhibits Daniel’s imaginative and prescient coming to life, and we look ahead to persevering with to learn from his strategic considering and expertise.”
“Adam was the excellent candidate via the in depth search course of we undertook, and we’re delighted to have attracted a CEO of Adam’s calibre to guide Plenti via the subsequent stage of its development journey. Adam’s depth of expertise in monetary companies, know-how, technique design and execution guarantee he’s extraordinarily nicely positioned to leverage the sturdy foundations constructed by Daniel. The mandate from the Plenti Board is for Adam to proceed to drive the sturdy and disciplined development that Plenti has achieved during the last decade,” Ploughman added.
Adam Bennett stated he was delighted to be becoming a member of Plenti as CEO, saying, “I used to be interested in Plenti by its technology-led mannequin and by the energy and consistency of its monitor file. Since spending time with the Plenti Board and govt crew, I couldn’t be extra enthusiastic about main Plenti via its subsequent stage of development.”
Daniel Foggo stated 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.”
