A leading financial technology solutions provider recently filled the position of managing director of Australia and New Zealand.
MonetaGo announced Feb. 13 the appointment of Mark Borton to the management position effective immediately, according to a company press release.
"Mark is well known in the industry, having represented all of the banks he has worked for in various capacities at the ICC,” MonetaGo CEO and founder, Jesse Chenard, said in the release. “His solid on-the-ground knowledge of the region gives him unique insights into how outdated, paper-based processes are holding back trade. He’s exceptionally well-placed to drive our work to prevent fraud in trade finance, and we’re thrilled to have him on board.”
The executive has garnered more than three decades of experience in the trade finance and cash management fields across Asia, according to the release.
“Joining MonetaGo provides an exciting new avenue to work on applying digital technologies to solve problems in trade finance,” Borton said in the release.
Borton joins the financial technology solutions provider after 11 years serving the dual role of head of transactional and trade sales Asia, and head of trade and working capital product at National Australia Bank, according to the release. His also worked at Commonwealth Bank of Australia for three years.
“I’m looking forward to applying a personal passion around the digitalization of trade finance to bring about opportunities for banks, non-banks and businesses to gain increased financing as well as reduce risk,” Borton said.