back Back

Sandstone Technology elevates Abhish Saha to CEO

By Leandra Monteiro

July 22, 2022

  • Abhish Saha
  • Australia
  • CEO
Share

Sandstone Technology, Abhish Saha, CEOSandstone Technology has announced the elevation of Abhish Saha, who over the past 9 months has been occupying the role of Executive General Manager of the Digital Banking & Elevate business unit globally, as the new CEO for Sandstone.

Saha will be replacing Michael Phillipou, who has held this position since December 2020. During his time at Sandstone, Saha has made a significant impact across customer engagement, governance processes and lifting overall business relationships with customers, partners and key stakeholders.

On this announcement, Phillipou said, “I joined Sandstone Technology because I believe in the mission of helping banks to grow their businesses in the most efficient & compliant way, through the provision of market leading technology platforms. As a self-funded private company, competing with some of the largest enterprise financial technology providers in the world, I am exceptionally proud as I reflect on the incredible work the Board, Advisory Committee, Executive Team and our Broader Team, have executed on to support our financial institution customers when they have arguably needed it most.

It now gives me great pleasure to hand over to the Executive General Manager, Digital Banking & Elevate, Abhish Saha who will become the next CEO of Sandstone Technology. Abhish is exceptionally well-suited and best qualified to work with the Board & Advisory Committee to guide this wonderful 26-year-old organisation into its next phase of growth and success.”

Saha brings over 25 years of experience across both the technology and financial services industries, including CBA and FinTech’s servicing tier 1 banks across the Middle East, Asia and Australia. Saha brings vast financial, strategy, product and technology experience to this role having worked within technical and product functions.

Saha commented, “I am honoured to be appointed CEO of Sandstone Technology and am excited to have the opportunity to lead one of Australia’s leading fintech’s through this next period of growth. I would like to thank the owners of the business and other key stakeholders for their vote of confidence in this appointment and the unwavering support of the executive team.

Over the past 26 years Sandstone Technology has carried a strong track record in delivering automation and digitisation programs across the banking sector with a particular focus on digital banking (including loan origination systems). Understanding the impact of manual processes, customer experience and how complex systems can be simplified for better user experiences has resulted in a string of proven, in-market successes for our customers across the globe.

Our vast knowledge and depth of understanding of regulatory impact and compliance provide our customers with a high level of confidence that we can help future-proof their businesses, while also de-risking any complex transformation program.

I would also like to thank Michael for the strong foundation that has been laid and for leaving the organisation in a position of strength.”

Abhish Saha’s appointment will take effect on 8 August 2022, with Michael Phillipou continuing on in his capacity of CEO until this date.

Previous Article

July 22, 2022

Delaget announces new partnership with Instant Financial

Read More
Next Article

July 22, 2022

Neon raises $80m in its First Credit Card Investment Fund (FIDC)

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Abhish Saha

SMEs leverage cloud to gain competitive edge, study shows

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

Today

Jifiti launches ‘Tap Now, Pay Later’ to enable banks to deploy loans with ease

Read More

Today

NatWest launches its banking app on Apple Vision Pro

Read More

Today

Bud expands data intelligence platform with new office in Lithuania

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
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!
close-link
Get your copy now! IBSi Sales League Table 2024