Michael Phillipou, who has been occupying the role of Chief Customer Officer for Sandstone Technology over the past 15 months, has been announced as the new CEO for Sandstone replacing Bob Hall, company Co-Founder and Chairman, who has been filling the role since February this year.
Prior to joining Sandstone Technology Phillipou held General Management roles in multiple organizations across the finance industry including Westpac and Bendigo Bank, as well as cofounding an innovative digital financial services disruptor, Lodex.
Phillipou commented, “I am very excited to have the opportunity to lead the company through this next period of growth.
“Sandstone Technology boasts an exceptionally strong track record of producing market-leading digital banking products (including lending origination systems) and an ultra-consistent track record of delivering complex transformation programs. These two factors combined, provide wonderful confidence to our customers that they’re in safe hands when it comes to not only future-proofing their businesses to be able to grow in the most efficient & compliant way, but also de-risking any complex delivery program.
Phillipou’s appointment will take immediate effect with Hall continuing on in his capacity of Chairman.