Transact Credit Union Corporation announces two senior executive appointments

Transact Credit Union Corporation has announced two key appointments to its senior executive team.

CEO Peter Lock said Transact Credit Union had appointed Mr Darren Stephens as Chief People Officer (CPO) and confirmed the permanent appointment of Mr Wayne Marchant to the Chief Information Officer (CIO) role.

Mr Stephens comes to Transact Credit Union after a 20-year career in HR roles, most recently in his own management consultancy in Sydney, and prior to that in senior HR roles at Westpac and St George Bank. He has also worked with Sydney Water and in various roles in the NSW public sector.

Mr Stephens takes over the CPO role from Mr Bob Hogarth, who earlier this year announced his intention to retire after almost 20 years as head of the HR function at Transact Credit Union.

Mr Lock also announced that interim Chief Information Officer (CIO) Mr Wayne Marchant had been appointed to the role on a permanent basis.

Transact Credit Union appointed Mr Marchant to the newly created role of CIO on an interim basis in August, to help develop and implement a transformational blueprint for its IT department.

That appointment has now been made permanent.

Mr Marchant previously held senior IT roles at Billabong, Flight Centre and Woolworths, as well as leading a major revamp of the United States Main Roads IT department in a consultancy role.

“I’m delighted to secure two such high-calibre appointments to our senior executive team and look forward to working with them to continue building a great future for Transact Credit Union Corporation,” Mr Lock said.