Loanboox, a leading European debt capital market platform has revealed several major changes to its senior management team in its latest announcement. As per statement released by the firm, it has onboarded Mr. Philippe Cayrol and Mr. Alex Lawrence to serve as its Chief Executive Officer and Chief Revenue Officer effective immediately. At the same time, Mr. Stefan Muehlemann – one of the co-founders and former CEO of the firm will take on the role of Executive Chairman. Following these changes, the firm’s current executive board it made up of Mr. Cayrol, Mr. Lawrence, Mr. Muehlemann and the other three co-founders Mr. Dario Zogg – current Chief Technology Officer, Mr. Dominique Huegli – current Chief Operations Officer and Mr. Andi Burri – current Country Head of Switzerland. The firm was established in 2015 and has since grown to cover a market base of six countries over last five years and financed requests worth more than 40 Billion CHF.
The clients of the firm spread across wide range of financial services provider such as large corporations, public sector entities, institutional investors and banks. Mr. Cayrol the newly appointed CEO is a veteran with nearly 15 years of experience and is an expert in organic & external growth and digital business strategy. Before taking up his current role at Loanboox, he served as VP of Corporate and Business Development and Head of Partnerships at Bla Bla Car for more than five years. Earlier in his carrer, he served as Fund Manager at Larium, Analyst and Associate at J.P Morgan and Analyst at BNP Paribas. Mr. Alex who takes on the role of Chief Revenue Officer boasts a career history similar to that of Mr. Cayrol and has nearly 13 years of experience working in financial services industry. Alex has held senior level leadership and management roles at ABBL and CrossLend & served as board member at Hela Forsakring AB, Allra Forsakring AB. Earlier in his career, he has served in several industry leading multinational banks such as J.P. Morgan, Barclays Capital and RBS Global Banking and Markets.
Commenting on his new role at the firm, Mr. Philippe Cayrol – CEO said “The digitalisation of the large debt markets is only getting started, so I am very excited to join an exceptional team who is passionate about bringing more efficiency, accessibility and transparency to the debt capital markets. I am impressed by the innovative features and the traction of the platform and look forward to contributing to the future success of all our users”.
Speaking about his new role at the firm, Mr. Lawrence – CRO said “I am thrilled to join a company that puts its clients, technology and people at the epicentre of everything that it does, making a positive impact on all stakeholders. It’s clear to me that the future of our business is to partner with key institutions and play a pivotal role in driving their digitalisation initiatives in order to better serve the financing needs of their clients”.
Speaking about addition of two new members to the firm’s senior management team, Mr. Muehlemann said “With over CHF 40 billion of financing requests handled through the platform since the start and 2’500 organisations in six countries, I am incredibly proud of what we have achieved. As we now scale up our activities to the next level, including new products and target groups, it felt natural to strengthen the team. Whilst I was the right CEO for Loanboox’ inception and first years, it is now time to hand over operational responsibility to experts with relevant experiences. With Philippe and Alex, we have found talented executives with the right mix of entrepreneurial spirit and execution capabilities”.