Lakeba Group appoints wealth executive to board

The Lakeba Group specialises in building technologies for individuals and companies and has created products covering the data, distribution, document management, loyalty, payments, retail and financial services sectors. The group is the parent company of data collection platform Ezidox.

It has now appointed the wealth specialist — who is the chairman of several finance companies including AMB Capital Partners, CapRaise Financial, Encompass Corporation, Shiva Acquisitions, Sonder Holdings Limited, and Infocus Wealth Management - as a non-executive director on the Lakeba board.

The appointment marks the company’s move into banking and mortgages and comes ahead of the launch of a new digital home loan platform, Ezifin.

Speaking of the new appointment, Lakeba’s CEO, Giuseppe Porcelli, commented: “This is a strategic appointment, fulfilling a wide talent search to support our vision and intent to launch a range of financial service solutions in the fast growth digital banking sector. We are determined to establish a benchmark that sets up our business from the get-go.  

“Having a financial services professional such as Roy McKelvie join our board announces, very clearly, our intention to move into the banking sphere.”

Mr McKelvie has worked across multiple industries including financial services, private equity, resources, retail, business services, software-as-a-service and fast moving consumer goods.

His former executive roles include managing director and Asia head of Deutsche Bank Capital Partners in Hong Kong, managing director and CEO of Gresham Private Equity, and CEO of Transfield Holdings.

Mr McKelvie commented: “Lakeba has a business model unlike any other when it comes to 360-degree innovation and development. The group’s strength is anchored by its ability to build solutions that no one else has conceived.

“The potential for growth is self-evident, and I’m looking forward to working closely with the other Lakeba board members, directing Lakeba’s growth through the launch of scalable, globally relevant, financial industry software solutions.”

[Related: Fintech invests in lending marketplace]