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Monoova Strengthens Executive Team with Appointment of Chief Risk Officer and Chief Operating Officer
January 20, 2026
Sydney, Australia – 19 January 2026: Monoova announced two senior executive appointments, reinforcing its leadership bench as the company continues to scale its enterprise payments platform and operational capability.
Shane Fryer has been appointed Chief Risk Officer (CRO), and Lyndall Rose has been appointed Chief Operating Officer (COO), a newly created role overseeing Operations, Technology and Product.
Strengthening Risk Leadership for Scale
The appointment of Shane Fryer follows a planned transition within Monoova’s risk leadership and reflects the company’s continued focus on strong governance, regulatory engagement and enterprise risk management as it grows.
Shane joins Monoova from ANZ Worldline Payment Solutions, where he served as Chief Risk & Compliance Officer, establishing and leading enterprise risk, compliance, resilience, security and financial crime functions for the ANZ–Worldline joint venture. Prior to this, he held senior global risk leadership roles across payments, digital commerce and telecommunications, with deep expertise in financial crime, fraud, regulatory compliance and large-scale, multi-jurisdictional operations.
“As Monoova continues to grow and operate at greater scale, a strong and forward-looking risk function is critical,” said Christian Westerlind Wigstrom, Co-Founder and CEO of Monoova. “Shane brings the depth of experience and leadership required to support our next phase of growth while maintaining the highest standards of trust, compliance and resilience.”
Monoova thanked the outgoing Chief Risk Officer for their contribution and noted that the transition was completed with continuity and stability across the risk function.
New COO Role to Drive Operational, Technology and Product Execution
In response to increasing customer demand and operational complexity, Monoova has established the role of Chief Operating Officer to bring together Operations, Technology and Product under a single executive leader.
Lyndall Rose joins Monoova from Police Bank Ltd, where she was Chief Information Officer, leading digital strategy, enterprise technology delivery, security and infrastructure. She previously held senior technology and delivery leadership roles at 86 400 / UBank, Humm group, and Westpac Group, with extensive experience in large-scale banking transformations, integrations and regulated environments.
As COO, Lyndall will focus on operational excellence, delivery discipline and scalable execution across the business, ensuring Monoova continues to meet the needs of enterprise customers operating complex, high-volume payment environments.
“Creating the COO role is a reflection of our ambition,” said Westerlind Wigstrom. “Lyndall brings a rare combination of operational leadership, deep technology experience and execution rigour. Her background in banking and fintech transformation will be instrumental as we continue to scale our platform and capabilities.”
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Leadership Built for the Next Phase
The appointments form part of Monoova’s broader investment in people, systems and governance as the business expands across key markets and use cases.
“We are deliberately building a leadership team to match the scale and complexity of the organisation Monoova is becoming,” said Robert Bell, Chair of Monoova’s Board of Directors. “These appointments strengthen Monoova’s foundations and position the company to continue delivering reliable, enterprise-grade outcomes for customers.”
About Monoova
Monoova is a leading Payment Service Provider (PSP) transforming the way businesses move money in Australia. Its API-driven platform integrates NPP, PayTo, PayID, Direct Debit, BPAY, and cross-border transfers into one seamless solution. By enabling businesses to automate and streamline transactions, enhance security, and transition from legacy systems to real-time payments, Monoova empowers clients to scale with confidence. Monoova’s FSG/PDS is available at www.monoova.com/legal.
Disclaimer: Monoova Payments Pty Limited (ACN 126 015 227 | AR No. 428863) trading as Monoova (Monoova) is the authorised representative of Monoova Global Payments Pty Ltd (ACN 106 249 852 | AFSL 421414) (Monoova Global), being the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services (FSG/PDS). Copies of the FSG/PDS and the terms and conditions of the products and services offered by Monoova and Monoova Global (disclosure documents and terms) are available by contacting Monoova at support@monoova.com. You should consider the relevant disclosure documents and terms before deciding whether to acquire, or continue to hold, the product or service. The information provided on this website is factual information, is given in summary form, and does not purport to be complete. The information set out does not take into account your particular investment objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information having regard to these matters, and in particular, you should seek independent legal, financial and tax advice. To the extent that the communication/document contains information sourced from third parties, statements made by third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by or statements made by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.
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