Market Insights

Octet broadens its leadership structure

Leading supply chain finance and technology provider, Octet has today announced an exciting new senior leadership structure, with Brett Isenberg and Michael Rom transitioning into the role of Co-CEO. The move which was effective July 1, recognises the key contributions of both Brett and Michael to the positive trajectory of the Octet supply chain transactional business, particularly over the last 4 years.

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Founder of Octet, Clive Isenberg (also the founder of SoctPac Business Finance), will continue to be involved at an executive level in the business.

Commenting on the move, Co-CEO, Brett Isenberg said: “both Michael and I are immensely proud and excited to be recognised as leaders of the Octet business, as we move into the future, continuing the businesses unrelenting efforts in achieving our vision of connecting and growing the world’s businesses. Whilst we are well on our way to becoming a major destination for Australian businesses to manage and finance their payables and receivables, there is still much room for improvement within our range of working capital solutions, ensuring that we’re fully listening to business market appetite in the current and forecast economic climate.”

"Both Michael and I are immensely proud and excited to be recognised as leaders of the Octet business, as we move into the future, continuing the businesses unrelenting efforts in achieving our vision of connecting and growing the world’s businesses."

Brett IsenbergCo-CEO

Co-CEO, Michael Rom added: “We’re offering businesses an opportunity to scale, trade globally (and domestically) with confidence, diversity of funding, and create strong cash flow runways in times of both positive growth and global economic uncertainty. With the supply chain continuing to tighten across a diverse range of industries, coupled with rapidly rising interest rates and inflation, our innovative supply chain technology helps to provide peace of mind and transparency for our SME customers and their wider supply chain networks.”

Octet were recently named the 2022 Excellence in Business Lending winner at this year’s Fintech Australia Awards. The Seventh Annual Edition of the prestigious awards celebrated the success of dynamic players in the Australian fintech industry, recognising strong and sustainable growth and innovation.

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Disclaimer: The above article content and comments are our views and should not be construed as advice. You should act using your own information and judgment. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions and estimates constitute the author’s own judgment as at the date of publication and are subject to change without notice.

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