ASX Director clocks on at Tic:Toc
Adelaide fintech platform and digital lender Tic:Toc has appointed ASX and Santos Director Yasmin Allen as Chair.
The Sydney-based non-executive director, who is already Chair/President of four other organisations, takes over from prominent South Australian Director Con Tragakis.
Tragakis has led Tic:Toc’s board since its founding in 2017.
His replacement is currently Chair of the federal government’s Digital Skills Organisation, the Harrison Riedel Foundation and global networking association Advance.org. She is also Acting President of the Australian Takeovers Panel.
Those leadership roles come alongside her ongoing board appointments with the ASX, Santos, hearing implant manufactures Cochlear, The National Portrait Gallery in Canberra and The George Institute for Global Health.
Tic:Toc founder and CEO Anthony Baum said Allen’s appointment came at a “transformative” time for the Adelaide start-up, after it closed $2 billion in settled home loans last month.
“With Yasmin, Tic:Toc is bringing on a Chair who not only brings extensive and industry-specific experience to the role, but careful judgement and strategic wisdom that will add tremendously to our board as we move into a new growth phase,” Baum said.
Baum also thanked Tragakis, a former State Chairman of KPMG, for his “integral” role in supporting Tic:Toc in its early years.
“Under Con’s stewardship, Tic:Toc has seen enormous growth,” he said.
“Con remains a valued shareholder and on behalf of Tic:Toc I wish him all the very best for the next chapter of his professional life.”
Tragakis is currently Chair of Renewal SA, AI property consultancy firm PointData, the Maras Group and East26 Advisory.
He is also the Founder and Director of construction and funds management firm Storage Investments Australia.