During his time at Indue, Mr Petie has been a key driver of positive change and was instrumental in Indue’s growth strategy.

Mr Petie has led Indue through a period of significant change, business growth, targeted divestments and heavy re-investment to reposition the business strongly for a digital-led future.  His drive for clear strategic focus has positioned Indue well to achieve sustainable performance and growth into the future.

Mr Petie said: “It has been a great privilege to serve on and lead Indue’s Board over the past decade. I am retiring in accordance with the Company’s tenure policy and I am pleased to report that our succession planning has proceeded smoothly, and will culminate in an orderly transition to Robin Burns, who knows Indue well and is a very experienced Director.”

“Now at the end of my tenure, I am confident Indue’s sharpened strategic focus and forward-thinking will continue to see the Company go from strength to strength.”

Mr Burns joined the Indue Board in October, 2017 and is currently Chair of the Audit Committee. He was previously a member of the Equity Trustees Board as Managing Director. He is also a non-executive director of 8IP Emerging Companies Limited, the Weary Dunlop Rugby Foundation, and is a Compliance Committee member at PIMCO Australia Management Ltd.

Mr Burns brings deep financial services industry expertise and experience to Indue and is well equipped to continue to lead the business through the fast-paced and ever-changing payments industry.

“Industry change provides significant opportunity for Indue. Digital technology in particular is driving the need for extensive product re-investment into the future and we are well placed to continue to provide new and effective business solutions to our customers. I look forward to working with the Board and our strong management team to carry forward the Company’s focused strategic development initiatives and impressive operational capability,” Mr Burns said.

During his time at Indue, Mr Petie has been a key driver of positive change and was instrumental in Indue’s growth strategy.

Mr Petie has led Indue through a period of significant change, business growth, targeted divestments and heavy re-investment to reposition the business strongly for a digital-led future.  His drive for clear strategic focus has positioned Indue well to achieve sustainable performance and growth into the future.

Mr Petie said: “It has been a great privilege to serve on and lead Indue’s Board over the past decade. I am retiring in accordance with the Company’s tenure policy and I am pleased to report that our succession planning has proceeded smoothly, and will culminate in an orderly transition to Robin Burns, who knows Indue well and is a very experienced Director.”

“Now at the end of my tenure, I am confident Indue’s sharpened strategic focus and forward-thinking will continue to see the Company go from strength to strength.”

Mr Burns joined the Indue Board in October, 2017 and is currently Chair of the Audit Committee. He was previously a member of the Equity Trustees Board as Managing Director. He is also a non-executive director of 8IP Emerging Companies Limited, the Weary Dunlop Rugby Foundation, and is a Compliance Committee member at PIMCO Australia Management Ltd.

Mr Burns brings deep financial services industry expertise and experience to Indue and is well equipped to continue to lead the business through the fast-paced and ever-changing payments industry.

“Industry change provides significant opportunity for Indue. Digital technology in particular is driving the need for extensive product re-investment into the future and we are well placed to continue to provide new and effective business solutions to our customers. I look forward to working with the Board and our strong management team to carry forward the Company’s focused strategic development initiatives and impressive operational capability,” Mr Burns said.

The Board and executive team of Indue would like to thank Mr Petie for his significant contribution to Indue and welcome Mr Burns (pictured) as the new Chairman. They look forward to Mr Burns’ contribution in the years ahead.

For more information please contact:

Clare Mitchell, Senior Marketing Manager, Indue Limited   E: cmitchell@indue.com.au