ME Bank founding CEO appointed to Powerwrap board
Digital wealth management company Powerwrap is expanding its board with the appointment of ME Bank founding chief executive, Anthony Wamsteker as a non-executive director.
Wamsteker, who also holds a non-executive director position with Primary Securities Limited retired from the dual role of chief executive and managing director at Quay Credit Union, and previously held positions AXA and the National Mutual Funds Management in Melbourne.
Commenting on the appointment, Powerwrap chair Matthew Driscoll said,”Anthony Wamsteker is an experienced director, whose appointment has the support of a large number of shareholders.”
Wamsteker is also the founder of Supereverything and was the founding chief executive of ME Bank, where he held the position for nine years.
AUTHOR
Hope William-Smith
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
