LIXI has appointed a new board of directors to drive its ambitious new strategic direction in 2012.
The board expects the successful delivery of the LIXI 2.0 reform program to be completed by mid 2012 and by 2013 to have significantly expanded LIXI products and services to members to create solutions to provide efficiencies across the entire mortgage value chain.
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In announcing the composition of the new board outgoing chairman, John Hearne said it is made up of a number of key industry stakeholders, each with an strong breadth of talent and experience with representation across many key sectors of the mortgage lending industry.
"LIXI's raison d'être is to support the reduction of industry inefficiencies through the delivery of electronic messaging standards for its members. To achieve this requires strategic thinkers who understand the challenges at an industry level and who can also influence the industry to make changes for the better. The 2012 LIXI Board, I am confident, has such people," Mr Hearne said.
The new board will be chaired by Paul Lahiff, former chief executive of Mortgage Choice.
Joining Mr Lahiff includes Martyn Beer, manager of lending solutions at Sandstone Technology; Milton Chan, general manager of IT at Advantedge; John Hearne; Matt Lawler; John McDonald; Jason Millett; Phil Naylor; James Sheffield and Mike Thanos.
Incoming chairman, Paul Lahiff said it is a great honour to take on the position of chairman.
"I have been involved with LIXI since 2003 and having worked more closely with the board in the last 15-18 months I see the potential benefits to industry through greater collaboration are enormous," he said.
"I would also like to acknowledge the great contribution John Hearne has made to LIXI in his five years as chairman. Without his leadership, LIXI would not be in the strong position it is today."