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LIXI announces new chair

The co-founder of a property data specialist has been voted in as the not-for-profit’s next board head.

The co-founder of LIXI Limited (LIXI), Mike Thanos, has been named as the mortgage data not-for-profit’s next chair, with his new role effective from 8 December.

He will be replacing Stephen Moore, the managing director of PCF Group, who previously served in the role, commencing December 2017. 

Mr Moore is expected to remain on the board in a non-executive role. 

Mr Thanos, in tandem with Barry Thomas and John Grant, first established LIXI in 2000, the trio building the service following the establishment of the mortgage origination technology business Lending Technology Services (LTX) in 1999.

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In 2004, Mr Thanos was named as a non-executive director of LIXI, serving until 2012. 

In 2013, Mr Thanos co-founded the property data specialist, now part of the Domain Group since September, Insight Data Solutions, currently serving as its general manager. 

Mr Thanos returned to a non-executive role with the not-for-profit in November 2017. 

Speaking of the appointment, LIXI chief executive Dr Shane Rigby said: “As someone with two decades of experience with LIXI, it is tremendous that Mike has elected to be LIXI’s chair. 

“It is an exciting time for LIXI with membership and licensee numbers continuing to grow and LIXI2 adoption in both Australia and New Zealand increasing. 

“Mike’s deep experience and knowledge with LIXI will help steer LIXI through our next phase, driving efficiencies across lending.”

Dr Rigby added that he thanks Mr Moore for his contributions as chair, noting that LIXI as an organisation has “evolved substantially” during his tenure. 

“I would personally like to thank Stephen for the contributions he has made in the role, and look forward to his ongoing role as director,” he concluded. 

The new chair said that, while LIXI has made strong progress under Mr Moore’s chairmanship, LIXI, now entering its third decade, has a “unique opportunity to serve the industry” by building on the “data standards and tools that are vital for an open and efficient industry ecosystem”. 

He concluded: “It is an honour to be appointed chair and I look forward to working towards realising LIXI’s full potential with Shane and the board.”

[Related: Westpac CEO appointed ABA chair]

LIXI announces new chair
mortgagebusiness

Sam Nichols

Sam Nichols is a journalist at The Adviser and Mortgage Business. His reporting has featured in a range of outlets including ABC News, SBS' The Feed, and VICE.

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