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PayDay News | Australian Payments News

Banking Circle Australia leadership shake-up after NPP blow-ups

Senior Business Correspondent
8 Jul, 2026
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Michael Sainsbury
Senior Business Correspondent
8 Jul, 2026
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What the company describes as “a planned and carefully governed succession” in Australia, comes as the global group is making wholesale changes at the top, sparking rumours of a sale or float as it moves aggressively into providing services for stablecoin payments.
Banking Circle Australia leadership shake-up after NPP blow-ups
Banking Circle Australia has appointed Piers Cracknell (right) as chief executive, ending Mark Tibbles's (left) run at the top of the payments bank.

What the company describes as “a planned and carefully governed succession” in Australia, comes as the global group is making wholesale changes at the top, sparking rumours of a sale or float as it moves aggressively into providing services for stablecoin payments.

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