New CEO for Ignition Wealth
Ignition Wealth has appointed a former National Australia Bank executive, Manish Prasad as its new chief executive.
Prasad’s appointment was announced by Ignition Wealth co-founder and inaugural chief executive, Mark Fordee who described the new CEO as deeply experienced and well-respected.
The company’s announcement noted that Prasad had most recently been the Director of Asset and Wealth Management at KPMG prior to which had worked for NAB/MLC, AMP/AXA and Genesys Wealth Advisers.
Prasad’s appointment follows Ignition Wealth’s January announcement of the appointment of Alan Quinlan as chief executive of Ignition Wealth, Ireland.
Commenting on his appointment, Prasad said the digital financial advice industry had reached an exciting stage and he was looking forward to driving the business as Australia’s lead B2B robo-advice solutions provider.
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.