OpenInvest appoints non-executive director to board

Online marketplace and investment platform, OpenInvest, has appointed Susan Allen as a non-executive director of its board, where she will join former Schroders Australia chief executive, Greg Cooper, former Countplus director, David Smith and the managing director of CommSec, Paul Rickard.

Allen had extensive governance experience as a director of financial services companies, as well as senior executive roles at the RACV.

Commenting on her appointment, Allen said her experience in financial services, combined with her strong focus on the use of new technologies to solve consumer problems, had equipped her to provide valuable input to the OpenInvest board.

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Allen also said it was an exciting time to join the board, as the platform was well-positioned in a post-Royal Commission to meet investors’ needs as they change the ways they seek professional assistance.

Co-founder and CEO of OpenInvest, Andrew Varlamos, said Allen’s varied experience, particularly at the RACV where she was involved in the launching of new products and services, was the skillset the platform needed to grow its business.




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