New CTO and CFO appointed to support growth
Lextech, a provider of mortgage processing technology and legal services, has appointed two new senior executives as part of its ongoing expansion strategy.
The company named David Hobley (pictured above left) as chief technology officer and Theo Tragoudistakis (pictured above right) as chief financial officer – appointments aimed at enhancing Lextech’s leadership capacity amid growing demand for its integrated legal and tech services.
Hobley brings experience in software development for the legal and financial sectors, having held leadership roles at GlobalX, Telstra and, most recently, Dye & Durham, where he was global vice president of software.
Tragoudistakis also joins from Dye & Durham and has previously served in finance leadership roles at GlobalX. He most recently worked as CFO of a listed cyber security and cloud services firm.
“As the company continues to expand to meet growing demand, strengthening our leadership team ensures we can maintain the pace of innovation and operational excellence,” said chief executive Peter Maloney. “David and Theo bring extensive industry expertise that aligns with our strategy, strengthening our position as Australia’s trusted provider of legal and technology solutions for the banking and lending community.”
Lextech, in partnership with law firm Purcell Partners, works with over a third of Australia’s lenders. The firm offers a combined legal and technology platform aimed at streamlining property transactions, including mortgage and loan processing from approval to settlement.
The executive appointments follow other recent changes in the leadership team, including Maloney stepping in as group CEO, along with Rafe Berding as chief growth officer and Jason Popkowski as head of sales.
Lextech, which has been operating for more than 28 years, facilitates property transactions valued at over $6 billion annually.
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