Self-managed super fund (SMSF) software provider Class has appointed former REA Group executive, Andrew Russell, as its chief executive to lead its new ‘reimagination strategy’.
The strategy aimed to make accountants, administrators and financial advisers “reimagine” their back office with new cloud-based technologies intended to improve productivity.
Russell was formerly executive general manager, financial services for the REA Group, as which he focused on advising and gaining board approval for entry into Australia’s mortgage distribution market. He was then given responsibility for the Group’s financial services businesses across Australia and Asia.
“A proven leader and senior executive with unparalleled experience in developing corporate strategy, sales leadership, market entry and business turnaround,” Class said in a statement announcing the appointment. “Andrew will drive Class’s ‘reimagination’ strategy to support the profession’s productivity and profitability.”
Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative.
The $7 billion fund has hired a new chief executive to succeed Lachlan Baird, who departed the fund in December last year after 18 years.
The $170 billion fund has announced an internal promotion to the newly created role.
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest managing director.
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