The firm has now appointed Alex Zaika as CEO from 4 November 2024.
Zaika is currently the managing director at GAM Investments where he has worked since 2018 and previously spent three years at BlackRock and five years at Barclays Capital.
Global X said he has “strong expertise in distribution, product development, and client engagement across institutional and retail segments”.
In the leadership role at Global X, he will lead the firm’s strategic initiatives aimed at broadening its suite of investment solutions and solidifying its position as a comprehensive and dynamic ETF provider in the Australian market.
It was announced at the start of August that Metcalf would be departing after a decade with the business. Metcalf joined Global X (formerly ETF Securities) in 2014 and has held a number of roles over this period, including head of operations, co-head of portfolio management, and head of product.
Zaika said: “I am excited to lead Global X at a time of significant growth and advancement in the ETF space. With over US$86 billion in assets under management globally and a strong track record of designing client-centric solutions, Global X is uniquely positioned to forge its leadership in Australia. I look forward to working with the talented team at Global X to expand our offering and enhance our value proposition for Australian investors.”
Hyeon-Joo Park, founder and global strategy officer of Mirae Asset Financial Group, added: “We are committed to revolutionising the Australian ETF landscape by providing our clients with high-quality investment solutions and are delighted to welcome Alex to our global leadership team. His extensive experience and strategic vision position him as an ideal leader to drive Global X’s next phase of growth. We are confident that under his leadership, Global X will continue to deliver innovative and tailored investment solutions that meet the diverse needs of Australian investors.”
