Monday, 04 April 2016 14:16

Former politician Mark Vaile takes SmartTrans chairman role

By
Mark Vaile, SmartTrans Chairman Mark Vaile, SmartTrans Chairman

Australian-listed mobile billing and payments platform,SmartTrans (ASX:SMA) has appointed former Deputy Prime Minister and former leader of the National Party, Mark Vaile, as company non-executive chairman.

Vaile replaces Dr Geoff Raby who has decided to step down from the role. Dr Raby was formerly Australia’s Ambassador to    China a major market for SmartTrans.

SmartTrans says it is about to    enter a    new and    exciting phase of its development as it    expands     further intoe-commerce     billing solutions and looks to    explore    new    markets    in South East Asia.

The company says Vaile’s extensive experience in this arena combined with his “exceptional ability” as a leader is expected to assist SmartTrans as it    seeks to take    its business to    the next level.

{load position peter}The Board of SmartTrans thanked Dr Raby for his outstanding governance and oversight in the role as Chairman since     2012.     The company says that during his tenure its market capitalisation has    increased some eight-fold and the company has seen impressive growth in    sales and revenue, the expansion of its    billing    services to eight provinces in China, and a broadening    of its range of     product offerings, including subscription billing generating recurring    revenue.

In addition, SmartTrans says its Australian business has also acquired a range of new customers     and its technology has     been    expanded into the China    market.

The new chairman, Mark Vaile, has forged a successful career in    the private sector since retiring from    political life and sits    on the    boards    of a number of high-profile    public companies,including Virgin Australia Holdings, Whitehaven Coal and Servcorp.

Mark Vaile said,  “I am     very excited to be taking up this role    and look forward to working with the Board and    management team    of SmartTrans to take the company    to the next stages of maturity anddevelopment.”

“I also    take this opportunity to acknowledge  Dr Geoff Raby for    his hard work and dedication in    building SmartTrans into the successful    operation that it is today,    with an    established business division in Australia and now a dynamic and growing business in China.”


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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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