MainstreamBPO names new CEO
The board of the Australian independent fund administrator, MainstreamBPO Limited has appointed Martin Smith, the company’s co-founder and current chief executive of its fund administration, as the new CEO of the group.
He will replace Byram Johnston, the group’s long serving CEO and co-founder, who decided to step down from day-to-day management.
However, Johnston would retain his position of executive chairman and would remain actively engaged with the group.
Johnston and Smith founded MainstreamBPO together in 2006 and remained the group’s largest shareholders.
The incoming CEO has been group’s director since then and led MainstreamBPO’s largest subsidiary, FundBPO, to its current market position and expansion into Asia and Europe.
“We are pleased Byram will remain actively involved with the group as chairman, providing his guidance and experience to the board,” Smith said.
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