Pippa Downes will join the board as a director on 1 October and will chair the Zip audit and risk committee. She is an experienced company director and non-executive director of Ingenia Communities Group, ALE Property, and Australian Technology Innovators and is a commissioner of Sport Australia.
“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,” Ms Downes said.
“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.”
Ms Downes has also worked at Goldman Sachs, Deutsche Bank, Morgan Stanley and UBS. She holds a master of applied finance from Macquarie University and a bachelor of science (business administration) from the University of California Berkeley.
“Pippa is an experienced and listed company director who will be a tremendous asset to Zip’s board and governance, especially as the company executes on its global expansion strategy,” said Zip chairman Philip Crutchfield.
Dianne Challenor will also retire from the board after serving as a director since February 2018. She will cease to be a director on 1 October 2020.
“I have had a wonderful time with Zip and have a deep respect and admiration for the business Larry and Pete have built,” Ms Challenor said.
“The world of payments is super exciting and it has been a total pleasure working with them and my board colleagues. I wish the Zip team all the best.”
