Commonwealth Bank’s venture scaling entity, x15ventures, has today announced two key appointments, including its first non-executive, independent Chairman.
Ben Heap has been appointed non-executive, independent Chairman of x15ventures, bringing a wealth of financial services and fintech experience to the role.
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Mr Heap is well known in the start-up and investment industries, having held a number of senior roles at Australasian Wealth Investments; UBS Global Asset Management; the Financial Services Council; and as founder of H2 Ventures, a fintech-focused venture capital fund.
Speaking about his appointment, Mr Heap said he was honoured to be announced as the first non-executive, independent Chairman of x15ventures.
“Since its launch, x15ventures has had a relentless focus on creating an environment for new businesses to flourish. I look forward to working with the Board and the management team to continue this focus, and further empower Australia’s innovators to bring new solutions to market,” he said.
In addition to the appointment of Mr Heap, x15ventures has appointed its first external Portfolio Advisor, Jane Martino.
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In her new role, Ms Martino will provide insight and recommendations to x15’s investment committee regarding the funding of potential new ventures.
Ms Martino brings more than 20 years’ experience in entrepreneurial, growth and business management roles, and is a passionate supporter and participant in the Australian start-up and investment ecosystem.
In welcoming the new appointments, x15ventures Managing Director, Toby Norton-Smith, said: “Jane brings a rare blend of successful entrepreneurial experience and a track record of scaling and growing businesses with venture capital and corporate investors and distribution partnerships – making her the ideal person to support and qualify the next opportunities for x15.”
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