Former regulator Shipton joins Superhero board
Former Australian Securities and Investment Commission (ASIC) chair, James Shipton, has joined share trading and superannuation platform Superhero.
Shipton would be a non-executive director alongside Di Challenor and join chair Philip Crutchfield and co-founders John Winter and Wayne Baskin.
Superhero, which launched in September 2020, had 200,000 investors on its platform.
He led the regulator from 2018-2021 and was responsible for developing and implementing regulatory strategy for Australia’s financial services industry.
Prior to joining ASIC, he was an executive director at Harvard Law School and worked at the Securities and Futures Commission in Hong Kong. He also spent a decade at Goldman Sachs.
Crutchfield said: “James’ appointment is a fantastic addition to Superhero. His extensive experience in financial services made him an ideal candidate to join our Board as we continue to innovate and grow”.
Shipton said, “I am delighted to join the board of such an innovative and high growth business, which has made major leaps forward in building new-age financial services infrastructure and democratising finance in Australia.”
“I’m eager to help Superhero grow, and leverage my industry knowledge to further develop a world class investment solution for both Australians and investors abroad.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.