Fundbox names ex-Condé Nast SVP as new chief people officer

The new C-suite official comes with decades of experience in the field

Fundbox names ex-Condé Nast SVP as new chief people officer

Financial services platform Fundbox has named Rebecca Sachs as its new chief people officer, while the company also welcomed new hires in key C-suite positions as the company enters a new phase of growth. 

Sachs has the responsibility of managing all of Fundbox's HR and People operations, as well as developing the company's high-performance culture and growing talent pool, according to a media release from the organisation.

She packs with her more than 20 years of experience of serving the field of HR, consulting, and banking. Prior to her hiring at Fundbox, Sachs was the Global SVP of People of Condé Nast, where she built and executed talent management strategies. Before that, she was also the vice president of human resources at SiriusXM, where she led merger integration efforts and "positioned" the company for its massive growth.

Sachs is one of Fundbox's new hires in its C-suite, where Iskender Eguz was also appointed as chief risk officer and Steve Greig for chief marketing officer.

Eguz is tasked of Fundbox's lending decisions, fraud, and credit loss mitigations, as well as broader risk management oversight. Like Sachs, he also has with him decades of experience in leadership roles after being with Capital One before Fundbox.

Read more: Chief people officer shares top lessons from COVID-19 crisis

Meanwhile, Greig as the chief marketing officer is in charge of the company's brand and accelerate its growth. He held the key marketing position of vice president of global marketing for VISA before his stint at Fundbox, and before that at The HEINEKEN Company, where he served as head of consumer marketing.

Prashant Fuloria, chief executive officer of Fundbox, said in a statement that the three new hires are "strong functional leaders with deep domain expertise."

"I am excited to welcome Iskender, Steve, and Rebecca to our leadership team as we continue to build Fundbox into a successful and durable company," said Fuloria. "They are also passionate about serving small businesses and resonate with our culture and values."

Fundbox is an artificial intelligence-powered financial platforms that offers small businesses financial tools and resources.

Last year, the company announced that it raised $100 million in a Series D funding round at a valuation of $1.1 billion.

"The financing was driven by the company's record-setting performance metrics, including crossing a $100 million annual revenue run rate, tripling new customer acquisition growth, and expanding Fundbox's payment capabilities on its platform," it said in a media release.

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