CBA supply chain executive to head fintech's APAC operations

Commonwealth Bank's Steve Scott, executive director of structured trade and supply chain finance, is taking on a fintech that focuses on working capital in supply chain and logistics.

Scott joined Taulia as head of APAC in late March.

Taulia CEO, Cedric Bru, said, "Australia and the APAC region are strategically important to global trade and supply chains. To expand our presence we needed a senior leader with tremendous passion and expertise. Steve joins us at a pivotal moment, where businesses needing cash flow are looking for creative ways to access it."

Scott spent more than nine years with CBA focusing on supply chain and trade finance, and held similar trade and forex roles with Westpac.

"I am thrilled to be joining the Taulia team," said Scott. "While these are certainly challenging times, there are opportunities to utilise technology to innovate and support the working capital needs of businesses. It is our hope that we will help fill the funding gap that slows the growth of small businesses and we want to see all businesses, big and small, benefit from using our market-leading technology that delivers capital where it's needed most."