Westpac executive joins Pexa

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ASX-listed digital property settlements platform Pexa has hired Les Vance as its new group chief operating officer.

Pexa’s current COO Simon Smith is stepping into an advisory role.

Vance joins Pexa from Westpac Group, where he was the group executive, financial crime, compliance and conduct, responsible for the remediation and transformation of its management of financial crime and the Group’s transformation, required under its APRA enforceable undertaking.

Vance has more than 20 years of corporate experience, having held senior roles including COO of Westpac’s consumer division, chief risk officer at BT Financial Group (part of the Westpac Group), group executive, external funds and COO at Investa Property Group, general counsel at Tab Limited and partner at Freehills.

He will report Pexa group managing director and CEO Glenn King.

“Les is an incredibly credentialed executive, having worked in several senior roles across risk, transformation, legal, operations, investments and business partnering. Having also worked across both the banking and legal sector, he is a tremendous fit for our business,” King said.

“Likewise, I’m extremely grateful for the significant contribution Simon has made to date and I’m pleased he remains part of the team, continuing his ongoing support and contribution to Pexa.”

Vance begins his role in October.

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