LIXI announces Erik Fenna to step down

On April 10th, the Chairman of LIXI Australia, Paul Lahiff, announced that Erik Fenna has advised the Board that he will step down as LIXI CEO in late May after successfully delivering LIXI 2.0, the next generation of XML messaging standards, for the lending industry.

The Board has appointed Bruce Treloar as LIXI CEO, effective 1 May 2014.

Serving as a Director since 2005 and leading as CEO since 2008, Mr. Lahiff noted that Erik Fenna has played a key role as the LIXI standards have moved from the realm of possibility into being universally accepted across the industry as ‘the language of lending’. Mr. Lahiff paid tribute to Erik and his leadership in driving the development and roll-out of LIXI 2.0, a major standards initiative that allows lenders, brokers and lending industry professionals to launch products in hours, not months.

“I am enormously pleased with the success and rollout of LIXI 2.0, and with the involvement and contribution from such a wide range of industry players that has led to LIXI’s universal adoption. 2014-15 will be a hallmark period of opportunity for the industry” said Mr. Fenna.

Mr. Lahiff said he was pleased that the LIXI Board had developed an effective succession planning process which had enabled the organization to choose an accomplished executive in Bruce Treloar. “Bruce comes to LIXI with a distinguished record in the finance sector with senior roles at Westpac and Bank of Melbourne, and with particular strengths in key industry projects such as electronic conveyancing”, Mr. Lahiff said. “We are looking forward to working with Bruce to build upon the excellent foundation created by Erik for the benefit of the whole of the lending industry.”