back Back

Sandstone Technology appoints Michael Phillipou as CEO

By Edil Corneille

December 18, 2020

  • Australia
  • Sandstone Technology

Sandstone Technology, CEO, Michael PhillipouMichael Phillipou, who has been occupying the role of Chief Customer Officer for Sandstone Technology over the past 15 months, was today 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 organisations across the finance industry including Westpac and Bendigo Bank, as well as cofounding an innovative digital financial services disruptor, Lodex.

Hall said, “When Michael first came to the organisation he brought with him a depth of experience that has made a significant impact for Sandstone across customer & staff engagement, governance and strategy.

“I am very much looking forward to the next phase for Sandstone under Michael’s leadership.”

Phillipou commented, “I am thrilled and honoured to be appointed CEO of Sandstone Technology, a market leading financial technology company. Moreover, I am very excited to have the opportunity to lead the company through this next period of growth.

“Sandstone Technology is a global success story having established its roots within the Australian market in the mid-1990’s and now has a global reach with 40 customers across Australia, New Zealand, Asia and Europe.

“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.

“I would like to pay homage to the co-founders and key stakeholders for their vote of confidence in this appointment and for their unwavering commitment to drive the organisation forward. I am looking forward to continue working with our committed people, valued customers and partners to build on the pillars of strength laid down before me.”

Phillipou’s appointment will take immediate effect with Hall continuing on in his capacity of Chairman.

Previous Article

December 17, 2020

4 exciting Swiss FinTech companies disrupting the financial space

Read More
Next Article

December 18, 2020

Lydia secures $86 mn in Series B extension round led by Accel

Read More

IBSi Daily News Analysis

UAE, money transfer

May 23, 2024


By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 24, 2024

Capital on Tap partners with Plaid in the UK

Read More

May 24, 2024

Boodil launches innovative Travel Payments Platform

Read More

May 21, 2024

Cuckoo renews relationship with GoCardless for direct debits

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023