Briefs: HESTA backs AU, Heritage bulks up executive ranks, Kyckr bo 02 December 2020 6:03AM Banking Day staff Briefs, New listings, CBA, Payments, mobile & wallets, People First Bank, Appointments Industry fund HESTA has committed A$20 million as a cornerstone investor in Australian Unity’s inaugural issuance of Mutual Capital. AU is seeking investors is a $100 million issuance of the ASX-quoted MCIs. HESTA has made the investment through its $90 million Social Impact Investment Trust (SIIT), managed by specialist impact manager Social Ventures Australia. Heritage Bank has made three executive hires. Stuart Walker, who most recently worked for KPMG in Singapore, has been appointed to the new role of head of payments. Jeanne Hii is moving from Bankwest, where she was general manager strategy, to be head of product. Maribel Reyna Cruz, who has worked at Suncorp and Westpac, is taking up the position of head of business performance and growth. Customer verification specialist Kyckr has had some turnover on its board. John Van Der Wielen has moved on following his appointment as chair of the Western Australian Future Health Research and Innovation Fund (he is also chief executive of private health fund HBF). Kyckr’s new non-executive director of audit and risk is Raj Ray, the former CEO of superannuation administration company Class Super.