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Former legalsuper CEO joins wealth fintech
Andrew Proebstl, former chief executive at legalsuper for almost two decades, is set to join the advisory board of a burgeoning wealth fintech as it expands its superannuation offerings.
Proebstl had joined legalsuper in January 2003 and stepped down in November 2022.
During his tenure, Proebstl had a lead role in the merger of seven other legal funds to create the $5 billion legalsuper with 41,000 members. The super fund has since appointed Luke Symons, a former CEO of financial planning at ANZ and director of advice channel performance at AMP, as CEO.
Proebstl has announced he will now join wealth fintech and investment app Tanggram as an advisory board member.
Sharing the news on LinkedIn, he wrote: “I am excited to have commenced an advisory role with Tanggram. Tanggram is a highly awarded fintech business and leads the field with Australia’s first smart wealth creating app.”
An experienced financial services executive, Proebstl has held roles across superannuation, investment management, and fund management.
Prior to legalsuper, he spent a year and a half as a director at EY. He was previously an accountant with Vanguard Australia and has also held an accounting role with Vision Super.
Tanggram’s CEO Nick Tang said the business is thrilled to welcome Proebstl into the fold.
“His extensive industry experience and leadership will undoubtedly provide invaluable insights and guidance to our team. The entire Tanggram team extends a warm welcome to him,” Tang said.
Founded in 2016, Tanggram launched its investment app in Australia in 2020 and has over 70,000 users.
It launched its superannuation offering Elevate Super in May 2022 and has indicated it will be expanding on its investment and superannuation capabilities.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist at Money Management and Super Review, with a focus on financial advice, investments, funds management, and superannuation. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
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