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Lextech strengthens leadership to manage AUD $6 billion growth

Mon, 2nd Jun 2025

Lextech has appointed David Hobley as Chief Technology Officer and Theo Tragoudistakis as Chief Financial Officer to support its ongoing growth and operations in the mortgage processing and legal services sector.

Lextech, in partnership with law firm Purcell Partners, stated that these appointments form part of a broader strategy to strengthen its leadership and support increased demand for its integrated legal and financial technology platform.

Peter Maloney, Chief Executive Officer at Lextech, said, "As the company continues to expand to meet growing demand, strengthening our leadership team ensures we can maintain the pace of innovation and operational excellence."

He continued, "David and Theo bring extensive industry expertise that aligns with our strategy, strengthening our position as Australia's trusted provider of legal and technology solutions for the banking and lending community."

David Hobley assumes the role of Chief Technology Officer with a background in enterprise software and financial technology, having previously held senior positions at GlobalX, Telstra, and most recently as Global Vice President of Software at Dye & Durham.

Theo Tragoudistakis becomes Chief Financial Officer, bringing experience in finance leadership within high-growth technology companies, both publicly listed and private. His career includes roles at Dye & Durham and GlobalX, and he most recently served as CFO for a publicly listed cyber security and cloud services provider.

Peter Maloney said, "These appointments reflect Lextech's focus on attracting high-calibre talent to support its continued growth. Both David and Theo bring a wealth of experience and a strong track record in their respective fields, positioning the company well to navigate its next phase of expansion and deliver long-term value to customers, partners and stakeholders."

Lextech and Purcell Partners provide specialist legal services and mortgage and loan processing technology to over one-third of Australian lenders. Their integrated platform is designed to enable property transactions from loan approval through to settlement, meeting compliance and efficiency requirements.

The changes to the executive team follow earlier appointments including Peter Maloney as Group CEO, Rafe Berding as Chief Growth Officer, and Jason Popkowski as Head of Sales. The company said these appointments are intended to reinforce its capacity to support Australia's lenders and financial institutions.

Peter Maloney began his role as group CEO with more than 20 years' experience in the financial, legal, and property sectors across Australia. Previously, he served as CEO and Managing Director of GlobalX and as Managing Director of Dye & Durham Australia, overseeing the merger of SAI Global Property with GlobalX into Dye & Durham.

Rafe Berding was appointed as Chief Growth Officer, and brings leadership experience covering high-compliance and regulatory-focused industries. Berding has formed close working relationships with Australia's banking, legal, conveyancing, and government sectors, and is familiar with mortgage services, property settlements, regulatory technology, compliance, and risk management standards.

Jason Popkowski was appointed Head of Sales to focus on customer success and innovation. His previous roles include General Manager of Financial Services at Dye & Durham, Client Service Manager at NSW Land Registry Service, and Head of Sales for eBay. Popkowski is expected to strengthen Lextech's customer experience and commercial operations due to his background in financial and customer engagement roles.

Maloney said the appointments reinforce Lextech's capability to provide expert legal advice and mortgage processing and compliance solutions to lenders and financial institutions across Australia. "Together, these changes reinforce Lextech's capability to provide Australia's lenders and financial institutions with expert legal advice and industry-leading mortgage processing and compliance solutions, ensuring regulatory integrity and operational efficiency," he said.

Lextech facilitates more than AUD $6 billion in property transactions annually through its technology platform, which supports banks, mutuals, credit unions, and private lenders. The company's platform, supported by more than 28 years of industry experience, enables lenders, borrowers, brokers, and solicitors to conduct compliant settlements securely.

With ISO 27001 certification, Lextech maintains data security standards and provides a mortgage settlement platform featuring secure e-signatures, automated document management, and integration with financial and legal systems. These services are used by over one-third of Australia's lending community.

Lextech's legal and technology platforms support the execution of an estimated AUD $6 billion in real estate transactions each year, focusing on efficient and compliant settlements across the sector.

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