"We are delighted to announce Jon as our CEO given his proven experience, leadership and entrepreneurship. Jon is very well known in the industry and has a solid reputation for delivering high performance and putting customers first. The true value of our marketplace solutions has significantly grown in the current environment, and Cashwerkz is well placed with Jon as our CEO," said Cashwerkz executive chairman John Nantes.
"On behalf of the board, I would like to also thank Hector Ortiz for his efforts and enormous contribution as acting CEO over the previous months. Hector will now be solely focused on his role as head of sales and global distribution, building the domestic and international business."
Lechte has extensive Australian and International experience in senior executive and board positions across fixed interest, debt and investment banking.
He was a non-executive director of FIIG Securities between 2008 and 2015, and as head of markets, he led the bond, research, sales, product origination and risk management teams.
Lechte previously spent 14 years at UBS in roles including head of Asia and Japan for fixed income and debt origination, head of fixed income for Australia and head of fixed interest trading for Australia.
He is a director of MoneyMe Financial Group and Transact1, and chairman of Orlar International and GrowGreen Fertilisers. He was also a founding director of Yieldbroker.
Lechte holds a graduate diploma in banking and finance from Monash University.