PEXA UK chief executive Joe Pepper will step down at the end of June, with Krystle Kocik and Simon Wright appointed as co-chief executive officers from 1 July.

The change forms part of a new leadership structure at PEXA UK, designed to combine the pair’s complementary strengths and experience as the business continues to execute its strategy and build momentum in the UK market.

Pepper will leave the business on 30 June, having overseen several significant milestones during PEXA’s establishment in the UK.

From 1 July, Kocik and Wright will jointly lead the business as co-CEOs.

GROWTH STRATEGY

PEXA Group chief executive Russell Cohen said the appointments put the business in a strong position to drive its UK growth strategy and deepen its commitment to customer success.

He said: “I am delighted to announce the appointments of Krystle Kocik and Simon Wright as co-CEOs of PEXA UK. Together, Krystle and Simon have significant experience at PEXA, as well as a wealth of experience and knowledge of the UK financial system.

“They bring a deep understanding of PEXA’s value proposition, the UK lending market, as well as complementary skill sets that will underpin both conveyancer and lender adoption.”

Cohen also thanked Pepper for his contribution to the business.

He said: “On behalf of everyone at PEXA, I would also like to thank Joe for his contribution to PEXA UK at a crucial time for the business.

“Joe has helped lay strong foundations for our UK operations and has been a passionate advocate for the modernisation of the property market. We wish him every success for the future.”

ELECTRONIC CONVEYANCING

Pepper said: “It has been a privilege to work alongside the UK housing market over the past two and a half years, demonstrating the value that the adoption of an electronic conveyancing platform such as PEXA can deliver in enhancing the property transaction process for all parties.

“I have every confidence in PEXA’s UK team to build upon the foundations established over this period, and I look forward to seeing the pace of adoption continue to accelerate in the years ahead.”

Krystle Kocik joined PEXA UK in 2021, having played a key role in the development and adoption of PEXA’s Australian platform since 2011.

Most recently, she held the role of group chief product officer and is part of the Group Executive Committee.

Simon Wright also joined PEXA in 2021 –  as chief operating officer, UK.

He has almost 30 years’ experience in financial services across strategy, operations, customer banking and transformation.