Australian digital retail finance company Zip unveils changes to its BoD

Maria Nikolova

Ms Pippa Downes commences as a Zip director on October 1, 2020 and will chair the Zip Audit and Risk Committee.

Digital retail finance and payments services provider Zip Co Ltd (ASX:Z1P) today announced changes to its Board of Directors, with the retirement of Ms Dianne Challenor and the appointment of Ms Pippa Downes.

Ms Challenor ceases to be a Zip director effective October 1, 2020.

Ms Downes commences as a Zip director on October 1, 2020 and will chair the Zip Audit and Risk Committee. She is an experienced company director and is a non-executive director of Ingenia Communities Group (ASX:IGA), ALE Property (ASX:LEP), Australian Tech Innovators Pty Ltd and is a Commissioner of Sport Australia. She is a former director of ASX Clearing and Settlement Companies and Windlab Ltd.

Ms Downes has had a long career in investment banking with time at Goldman Sachs, Deutsche Bank, Morgan Stanley and UBS. She has a Masters of Applied Finance (Macquarie University) and a Bachelor of Science (Business Administration) degree (University of California Berkeley).

Incoming independent non-executive director Ms Pippa Downes commented:

“Zip is a great Australian success story and I am really looking forward to working with the Zip team and being part of the journey. Buy now, pay later is shaking up the world of payments and that is a great thing for consumers and for merchants, here and around the world.”

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