Board and Executive Moves October 2021

Australian Fintech investment has hit an all time high in the first half of 2021 with investment of US$890 million, up from US$557.2 this time last year.?

There is significant activity in the market, and we are seeing many entrepreneurial leaders with smart ideas cashing in on the latest trend. This is creating unique opportunities for candidates to maximise their personal wealth.

Considering a career in Fintech? Here's our advice:

Who has put money in, are there well-known backers, how are they planning to raise money over the next 1 to 3 years?

Don't be afraid to get a really detailed view on the commercials. Who is the customer, how will they make money, what is the size of the market, will they be expanding globally, who are the partners, how are they differentiated, what are the barriers to entry?

Spend as much time with the founders as you can. The culture of the organisation will largely be an extension of their leadership style. Are they fast paced, hands on, trusting of others, are they hungry for growth at any cost or are they taking calculated risks?

Who was willing to lay their reputation on the line? Are they investors in the business too?

There's not a Board in Australia that's not focused on 'the great resignation' - the fact that 40% of the workforce are considering resigning within the next year. The US is already experiencing the mass exodus and it's Australia's turn next. We have noticed significant activity in the market with many executives seeking new opportunities.

The research shows that the top reasons employees are leaving is because a) they don't feel valued by their organisations or their executives and b) they don't have a sense of belonging at work. Unfortunately, the data is also showing that simply inflating compensation or trying to engage leaders through a 'Friday night drinks session' doesn't have any impact retention.?

Rarely in history has there been more need for effective C-suite succession planning and creative ways of retaining your top talent

Note: some board appointments are announced subject to regulatory approvals.

• Stephen Conroy has been appointed Chair of Pennytel Australia
• Bob Mansfield has been appointed Chair of iPartners
• James Evans has been appointed Chair of Autosports Group
• Derek La Ferla has been appointed Chair of Chalice Mining
• John Penno has been appointed Chair of Synlait Milk
• Peter Schiller has been appointed Chair of Gateway bank
• Justin O'Donnell has been appointed Chair of One Eighty
• Nicola Beswick has been appointed Chair of the Pro Bono Financial Advice Network
• Patrick Snowball has been appointed Chair of AMP Capital's Private Markets business, Andrew Fay has been appointed Deputy Chair.
• Alex Knowles has been appointed Chair of ikeGPS Group
• Peter Warne has been appointed Chair-Elect of IPH
• Cornelia Meyer has been appointed Chair of Shriro Holdings
• Thomas Stianos has been appointed Chair of Xref
• James Carnegie has been appointed Chair of Blackstone Private Equity Australia and New Zealand
• Harvey Kalman has been appointed Chair of Raiz Invest
• Sue Murphy has been appointed Deputy Chair of Monadelphous Group
• Bruce Rathie has been appointed Chair of CleanSpace Holdings
• Vaughn Richtor has been appointed as Chair of MyState
• Simon Jackson has been appointed as Chair Predictive Discovery
• Sonia Petering has been appointed as Chair QANTM Intellectual Property
• Richard Ash has been appointed Executive Chair of R3D Resources and Westland Mineral Sands
• Steve Vallas has been appointed Vice Chair of ASEAN Blockchain Consortium
• Michael Stirzaker has been appointed as Chair of Base Resources
• Kathryn Fagg has been appointed Chair of the CSIRO
• Nicole Lockwood has been appointed Chair of Infrastructure WA
• Paul Everingham has been appointed Chair of Cirrus Networks

• Vic Alhadeff has been appointed as a Non-Executive Director to SBS
• Margaret Hall has been appointed Non-Executive Director of Beach Energy
• Anne Ward has been appointed as Non-executive Director of Crown Resorts
• Jim Landau has been appointed Non-Executive Director of Elsight
• Clive Stiff has been appointed Non-Executive Director of Graincorp
• Nicki Anderson has been appointed Non-Executive Director of Graincorp
• James Spenceley has been appointed Non-Executive Director of National Australia Bank
• David Keir has been appointed Non-Executive Director of Maas Group
• David Flanagan has been appointed Non-Executive Director of Maca
• Andrew Fraser and David Asplin have been appointed Non-Executive Directors of the Brisbane Broncos
• Bill Crichton has been appointed Non-Executive Director of Plexure Group
• John Connolly and Sumita Pandit have been appointed Directors of Pushpay
• Stephanie Wen has been appointed Non-Executive Director of Quantum Health Group
• Kim Slater has been appointed Non-Executive Director of Shriro Holdings
• Paul McGilvary has been appointed Non-executive Director of Synlait Milk
• Bryce Mitchelson has been appointed Non-Executive Director of RAM Property Fund Management
• Christopher Hall has been appointed to the Board of Funds SA
• Paul Donaldson has been appointed Non-Executive Director of Danakali
• Joanna Dawson has been appointed Non-Executive Director of Generation Life
• Giselle Collins has been appointed Non-Executive Director of Generation Development Group
• Rob Mactier has been appointed Non-Executive Director of Nuix Group
• Rick Dennis has been appointed Non-Executive Director of Step One
• Mak Lye Yun has been appointed Non-Executive Director of AV Jennings
• Enrico Burratto has been appointed Non-Executive Director of Monadelphous Group
• Sylvia Wiggins has been appointed Non-Executive Director of Aeris
• Abigail Foote has been appointed Director of Kathmandu Holdings
• Jacqueline Murray has been appointed Non-Executive Director of Technology Metals Australia
• Jenny Fagg has been appointed Non-Executive Director of Bank of Queensland
• Michele O'Neil has been appointed to the board of Australian Super
• Brian Delaney has been appointed as Non-Executive Director of Auctus Investment Group
• Scott Sobey has been appointed as a Director of Base Resources
• Marc Steffens has been appointed as a Non-Executive Director of BBX Minerals
• Brett Blundy has been appointed to the Board of Best & Less Group Holdings
• K'Lynne Johnson and Zhi-Qiang Zhang have been appointed as Non-Executive Directors of BlueScope Steel.
• John Downes has been appointed Non-Executive Director of ClearVue Technologies
• Neville Gardiner has been appointed Non-Executive Director of Galena Mining
• David Palmer has been appointed as Non-Executive Director of Global Energy Ventures
• Greg Miles, Marianne Perkovic and Bryce Mitchelson have been appointed as Non-Executive Directors of RAM Essential Services Property Fun
• Matthew Booker has been appointed as a Director Spheria Emerging Companies
• Barry Bourne has been appointed Non-Executive Director of Titan Minerals
• Wayne Bramwell has been appointed Non-Executive Director of Vimy Resources
• John Hughes, Barbara Weber, David Bennett, Fiona McIntyre and Roger Lloyd have joined Palisade Impact's investment committee.
• Fiona Reynolds has been appointed to the board of Quinbrook Infrastructure Partners
• Debra Hazelton has been elected as Vice President of the Australia Japan Business Co-Operation Committee
• Nick Fels has been appointed to the board of the Financial Services Council.
• Pat O'Sullivan and Jenny Macdonald have been appointed as Non-Executive Directors to the board of SiteMinder
• Michael Malone and Richard Dammery have been appointed Non-Executive Directors of WiseTech Global
• Heather Zampatti has been appointed to the board of BlackEarth Minerals
• Jennifer Morris has been appointed to the board of Liontown Resources
• Matt Worner has been appointed to the board of RBR Group
• Amber Banfield has been appointed Non-Executive Director of SRG Global
• Yicheng Zhang has been appointed Non-Executive Director of Zeus Resources
• Simon Jackson has been appointed Non-Executive Director of Resolute Mining

• Jonathan Callaghan has been appointed Chief Executive of Cromwell Property Group
• Adrian Taylor has been appointed Chief Executive of Centennial Property Group
• Daniel Houden has been appointed Chief Executive of Plexure Group
• Sam Rodda has been appointed Chief Executive of Podium Minerals
• Grant Watson has been appointed Chief Executive of Synlait Milk?
• Danny Celoni has been appointed Chief Executive of Carlton & United Breweries
• Angus Armour has announced he will be stepping down as Chief Executive of AICD in 2022.
• Robert McAdam has been announced Chief Executive of Sekuro.
• Emma Forster has been appointed Chief Executive of design firm Unispace.
• Jenny Chile has been appointed Chief Executive of Oroton
• Brett Morgan has been appointed Chief Executive of MyState
• Tim Helyar has been appointed Chief Executive of State Street Australia
• Alison Telfer has been appointed Country Head of UBS Asset Management, Australia
• Jonathan Baird has been appointed Chief Executive of IAM Funds
• Ross Thompson has been appointed Chief Executive of People Infrastructure
• Victor Herrero has been appointed Chief Executive of Lovisa Holdings
• Jim Hassell (current Non-Executive Director) has been appointed as Interim Chief Executive Officer of Infomedia
• Jonathan Rubinsztein has been appointed as Chief Executive Officer Nuix
• Andrew Pardey (current Non-Executive Director) has been appointed as Chief Executive Officer of Predictive Discovery
• Jeremy Wernert and Steve Gross have co-launched Palisade Impact (backed by Palisade Investment Partners)
• Catherine Clark has been appointed Chief Executive of Paralympics Australia
• Eugenie Buckley has been appointed Chief Executive of Swimming Australia
• Grant Dooley has been appointed Chief Executive of Breakthrough Victoria
• Craig De Laine has been appointed Chief Executive of Australian Gas Infrastructure?Group
• Peter Burns has been appointed Chief Executive of Accenture Australia
• John McKillop has been appointed Chief Executive of Hancock Agriculture and Kidman & Co