Indonesia-based fintech company KoinWorks has named former ABN AMRO Bank executive Frank Van Deur as chief financial officer. Meanwhile, Meta’s VP of product design and responsible innovation announced her departure from the company.
KoinWorks names banking expert as CFO
KoinWorks, an Indonesia-based fintech company, has named Frank Van Deur as its chief financial officer to take part in the company’s neobank expansion.
Van Deur, who has over 20 years of experience in the banking sector across regions, spent more than a decade with ABN AMRO Bank before joining KoinWorks. In his new role, Van Deur will oversee KoinWorks’ financials while developing financing and forecasting strategies for the company.
“As KoinWorks develops a broader ecosystem for MSMEs, I am committed to sharing my knowledge and contributing my abilities for the success of these crucial endeavours,” Van Deur said in a statement.
KoinWorks, which started as a peer-to-peer lender, has branded itself as a neobank in cooperation with lenders such as PT Bank Sahabat Sampoerna. The company offers loans, payments, and financial reports for small businesses and freelancers.
Headquartered in Jakarta, KoinWorks has a holding company in Singapore, and tech offices in Yogyakarta, New Delhi, and Ho Chi Minh City.
Meta’s top product design executive resigns
Margaret Steward, Meta Platforms’ VP of product design and responsible innovation, announced her resignation in November this year after spending more than a decade in the company.
Stewart was in charge of founding and growing the company’s Responsible Innovation efforts that address potential harms to society in everything the company builds. Prior to that, Steward worked on other initiatives including Facebook’s business from the ground up and shaped its mobile monetisation strategy.
In a Facebook post early on Friday, Stewart shared a few things she learnt during the tenure which include embracing realism in technology, empowering a diverse set of abilities and perspectives, cultivating resilience and setting boundaries.
Stewart said she has yet to decide what will she do next.
“I haven’t quite figured out what I’ll do next, but I know it will at least in part involve a continued focus on responsible innovation, perhaps through teaching, writing, and advising early-stage companies on how to integrate these concepts and practices into the DNA of their organisational cultures,” she said in the post.