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Milena Malev Joins illion as Chief Product Officer
Tue, 22nd Aug 2023

Leading data and insights company, Illion has announced the appointment of Milena Malev to its Executive Leadership Team. Malev will be assuming the position of Chief Product Officer, a move that marks the culmination of a transformative process within the illion's leadership team.

Milena Malev comes with an impressive background, most recently holding the role of Entrepreneur in Residence at Australis Ventures. Before this position, she served as the General Manager of Financial Services and Insurance Solutions Australasia at CoreLogic. Her career spans various strategic and senior roles in product and credit risk at ANZ and the Westpac Group. Malev's earlier focus was on data analytics and credit decisioning at Veda Advantage (Equifax).

John Banfield, IIlion CEO, expressed enthusiasm about Malev's appointment, stating, “Milena brings a wealth of knowledge to our organisation, complementing our already deep experience in strategy, leadership and product.” Banfield highlighted Malev's vast experience and understanding of the banking and insurance industry, client needs, regulatory environment, and market intricacies.

He further explained her qualities that made her stand out, saying, “I was particularly drawn to her enterprise leadership style and significant business acumen. She is obviously a values-driven leader who demonstrates thought-leadership, creates a client-centric team culture, builds strong business relationships, and delivers balanced commercial outcomes.”

Malev, too, shared her excitement about joining Illion, noting the significance of her role. “I am responsible for leading the product strategy and development efforts, ensuring Illion continues to address the evolving demands of the market and its clients, whilst remaining at the forefront of the industry, delivering innovative solutions," she says.

She expressed her anticipation for the opportunities and challenges ahead, stating, “It’s a crucial role, and I’m excited about the opportunities and challenges that lie ahead. I look forward to working with John and the illion team, driving innovation, delivering exceptional client experiences, leveraging strategic partnerships and bringing powerful insights and solutions to the market. Together, we will strengthen Illion’s position as a trusted industry leader and deliver unparalleled value to clients.”

Milena's appointment seems to finalize a strategic alignment for Illion, building upon its deep experience and reflecting a commitment to innovation, client satisfaction, and market leadership. Her addition also complements the recent internal appointment of Mark Russell as Chief Client Officer, emphasizing a revitalized approach to client relationships and product development.

This leadership transformation aims to steer Illion towards greater success in meeting market demands and solidifying its position as an industry leader. The focus is clearly on innovative solutions, client experiences, and a values-driven approach, reflecting both the company's ambitions and the qualities of its new Chief Product Officer, Milena Malev.