Rubik's new CEO arrives in time for return to profit
Banking and wealth management software supplier Rubik Financial has appointed Niek Hoogenhout as its chief executive. Most recently Hoogenhout worked as the managing director of Australian and New Zealand operations for Boston Consulting Group. He has also held a senior role at Accenture.The announcement of Hoogenhout's appointment coincided with the release of the company's interim financial report. It made a net profit of A$1.3 million for the six months to December, compared with a loss of $128,000 in the previous corresponding period.Revenue for the banking division rose 8.6 per cent to $5.5 million. Rubik had a Bank-in-a-Box (its software product) contract go live in October.