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10x Banking Appoints Philip Barnett as Executive Vice Chair, Targeting Global Growth
10x Banking, the cloud-native core banking platform that powers global institutions including Westpac, Chase UK and Old Mutual, today announces the appointment of Philip Barnett as Executive Vice Chair, effective October.
Philip Barnett joins 10x Banking as one of the industry’s most respected leaders, bringing over 30 years of banking technology experience scaling industry-defining platforms across Asia, Europe, the Middle East and the Americas. Most recently, Barnett served in senior global and advisory roles at Temenos, guiding large-scale digital transformation and modernisation for leading banks. Barnett’s appointment follows the recent appointment of Tom Bentley as Chief Revenue Officer.
In his role as Executive Vice Chair, Barnett will provide strategic counsel to the Board and Management, lead major customer engagements and help drive 10x Banking’s global growth plans, including in key markets such as Asia Pacific.10x Banking has recently announced a number of new partnerships and customer wins in the region, including The Co-operative Bank of New Zealand and Constantinople, the Australian banking software and operations provider.
Antony Jenkins, Founder and CEO of 10x Banking said: “Philip’s reputation for driving industry transformation and his proven vision for modernising banking technology make him an ideal fit for this pivotal moment in our growth journey. I’m confident that with Philip’s expertise and commitment, 10x Banking will continue to deliver outstanding results to customers and reinforce our mission to make banking ten times better.”
Barnett’s reputation for scaling disruptors at their inflection point is matched by deep insights into the evolution of core banking technology. As Executive Vice Chair, Barnett’s top priority will be on execution, strategic partnerships and delivering customer impact, working closely with Founder & CEO Antony Jenkins, Chief Revenue Officer Tom Bentley, and Chief Financial Officer Nadir Guessoum to drive the 10x mission.
Philip Barnett, Executive Vice Chair at 10x Banking said: “My vision aligns completely with 10x Banking’s mission to make banking better for institutions, customers, and ultimately society. The needs of the industry have changed dramatically in recent years. I recognise first-hand from my extensive experience in this sector that legacy vendors are constrained because the architecture and capabilities needed today were not even contemplated when they began their journeys. The consequence is that they can’t simply pivot to solve the needs of the industry today. With world-class capabilities proven across diverse markets, my focus is now to guide 10x Banking into a new chapter of execution and client onboarding at scale. 10x Banking has architected for current and future needs from day one, giving banks a solution that’s both modern and future-proof.”
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