InDebted Appoints Former Glassdoor and Morgan Stanley Execs as CEO and CFO to Drive Global AI Collections

InDebted has appointed Chris McNamara as Chief Executive Officer and Brendan Lee as Chief Financial Officer, effective October 1, 2026. This leadership overhaul signals a shift from founder-led growth to institutional scaling for the AI-native collections infrastructure provider, as it looks to capitalise on 42% year-on-year revenue growth across its global operations.

What was announced

The appointments conclude a six-month executive search initiated in April 2026, when founder Josh Foreman transitioned from the CEO role to become Founder and Executive Director. Chris McNamara joins the firm from Advanced Navigation, where he served as Chief Revenue Officer and contributed to the company reaching unicorn status. His professional background includes go-to-market leadership roles at global HR platform Remote and Glassdoor, alongside experience as a management consultant and an alum of the Stanford Graduate School of Business.

Brendan Lee enters the Chief Financial Officer role following a career in investment banking and advisory. He most recently served as Managing Director and Head of Technology, Media and Telecommunications for Australia and New Zealand at Morgan Stanley. His professional history also includes tenures at Goldman Sachs, Macquarie Group, and McKinsey & Company, where he advised technology companies on growth and capital markets strategy.

These leadership changes arrive as InDebted reports significant momentum, including a 42% increase in group revenue over the past year. The company currently operates across six geographic regions. Its technology stack is built around four core products that manage the collections lifecycle: Collect, Receive, Release, and Comply. The new executives are tasked with managing this infrastructure as the business moves beyond its initial startup phase into a global enterprise operation, bringing a combined five decades of leadership experience to the executive team.

"InDebted has built agentic technology that runs across the entire collections lifecycle to disrupt a sector that hasn’t seen innovation for years. It's already redefining the collections experience for consumers and delivering a step-change in economic outcomes for our clients and I’m excited to help scale that impact further and faster."

Chris McNamara at InDebted.

The companies involved

InDebted is a global fintech specialising in AI-native collections infrastructure. Headquartered in Australia, the company has positioned itself as a disruptor in the debt recovery space by replacing traditional, manual collection methods with automated, "agentic" technology. The firm’s platform is designed to handle the entire debt lifecycle, focusing on improving consumer experiences while increasing recovery rates for enterprise clients.

The company has established a significant international footprint, moving beyond its domestic market to provide services across six regions. This expansion has been supported by a strategy of both organic growth and strategic acquisitions. InDebted’s market position is defined by its move away from the high-pressure tactics traditionally associated with the collections industry, instead using data-driven insights and AI to manage consumer interactions. Under the leadership of founder Josh Foreman, the business has transitioned from a local player into a global infrastructure provider, now employing a leadership team with experience from major financial institutions and high-growth technology unicorns.

What FF News has reported before

FF News has closely tracked InDebted’s rapid expansion and leadership transitions over the past year. In April 2026, we reported on the initial move that triggered this executive search in InDebted Founder Returns to Product as AI Acceleration Opens New Era for Global Collections Infrastructure. This followed a period of intense operational growth, including the appointment of a new Australian Managing Director in late 2025 to oversee local enterprise expansion.

The company’s global footprint was further solidified through a strategic partnership with Meedaf to transform debt resolution in the UAE. Additionally, InDebted’s entry into the North American market was accelerated by its acquisition of AmSher in July 2025, a move that deepened its reach into the United States telecommunications sector.

What this means

The transition from a founder-CEO to a "unicorn-tested" operator like McNamara, paired with a heavyweight investment banker like Lee, suggests InDebted is preparing for a more mature phase of corporate life. In the broader fintech sector, the collections space is under immense pressure to modernise as regulators worldwide tighten scrutiny on consumer treatment and data privacy. By leaning into "agentic" AI, InDebted is challenging traditional agencies that rely on headcount rather than code. The real test for the industry will be whether AI-driven empathy can consistently outperform traditional methods during periods of macroeconomic volatility, or if the human element remains a necessary friction in debt recovery.