Gerd Schenkel

Gerd Schenkel MS (Robotics), MBA (Columbia), born on 27th May 1974, is an Australian business person,[1] chairman of Credit Clear,[2] [3] and Director and digital practice leader at Partners in Performance, a consultancy.[4] [5]

Gerd Schenkel
Born	Germany
Nationality	Australian/German
Children	2
Website	http://www.gerdschenkel.com

In October 2020, Credit Clear listed on the Australian Stock Exchange via an initial public offering under the ticker symbol CCR. [6] [7] [8] [9] [10] [11]

Until June 2017, he was the CEO of Tyro Payments, an Australian EFTPOS services company, aiming to "disrupt" the incumbent banks.[12][13][14][15]

In December 2019, Tyro Payments listed on the Australian Stock Exchange. [16] As of 15 July 2020, the company's market capitalisation was approximately A$1.85b [17]

On 13 June 2017 Tyro announced that Gerd Schenkel had resigned because he wanted to "pursue other business opportunities and spend more time with his family".[18] The Australian Financial Review reported that Schenkel was pursuing "a new banking venture”.[19] Schenkel is the Managing Director of consultancy "BGA Digital".[20]

Prior to Tyro, Gerd Schenkel was the founder and Executive Director of Telstra Digital, the digital division of one of Australia's largest corporations.[21][22][23][24][25]

At Telstra, he led the launch of Belong, Telstra's low cost broadband business which as of June 2017 had over 150,000 customers.[26][27]

In 2008, he launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b.[28][29][30]

Before launching UBank, Schenkel was general manager of NAB's CRM system.[31]

Prior to that, Schenkel worked for The Boston Consulting Group.[32]

Schenkel has a master's degree in Engineering and an MBA from the Columbia Business School in New York.[33] He is the co-author of several scientific articles in the field of robotics.[34]

He is a regular contributor to the Australian business community [20] and in November 2017 was appointed to the Federal Treasurer's Small Business Digitisation Taskforce [35] which led to the federal Government to provide $37.3 million (over four years from 2018) to support small business' adoption of digital tools and methods. [36]

In December 2018, Gerd was appointed chairman of Australian FinTech Credit Clear. [37] [38]