Pentafin appoints Gail Burke to board

Gail Burke, former managing director for BNP Paribas Securities Services, has taken up her first directorship upon her return to Australia, becoming the new chair of financial services systems provider Pentafin.

“I’ll be working with Connie McKeage, chief executive officer, and her management team. I guess hopefully I’ll be bringing some benefits of my long experience in technology both at the supply end and the buy end,” Burke said. Burke has just returned to Australia from London where she was chief operating officer of BNP Paribas Securities Services for six months, but left for personal reasons. Burke said she would ideally like to hold a ‘portfolio of directorships’ but would consider a full-time management position if the right opportunity presented itself. “People are talking to me about all sorts of things,” she said. McKeage was appointed as chief executive officer last July as part of the business’s growth strategy.

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High-turnover assets poised to reap largest economic gain from tokenisation

Digitisation and tokenisation are widely touted for their potential in cutting transaction costs and smoothing settlement frictions, but the technology’s real pay-off will come from promoting deeper market liquidity and higher market participation over the long-term, according to a new report from the Digital Finance Cooperative Research Centre.

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