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PRAEMIUM LIMITED — Board/Management Information 2017
Oct 3, 2017
65606_rns_2017-10-03_5b8f1b6d-ace8-4da9-a985-6e730b6519fe.pdf
Board/Management Information
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Praemium appoints Head of Product and Marketing
4 October 2017, Melbourne: Praemium is pleased to announce that Mat Walker will be joining the executive team on November 6th as Head of Product and Marketing.
Mat’s experience spans more than 30 years and includes most aspects of the financial services value chain.
After gaining experience as a financial adviser during the formative stages of the financial planning industry, Mat began his executive career as a Director and General Manager of medium and large financial planning dealer businesses, gaining a unique insight into the importance of and need for quality advice.
In 1992, he embarked on a new direction which put him at the forefront of the evolution of the investment platforms market in Australia. As Head of Distribution and then Managing Director of Norwich Union Navigator, Mat led the company from its early beginnings through its primary growth years. During this remarkable time he and his team ultimately built the platform to $7 billion in funds under administration.
During this period Mat was also a director of Norwich Union Life Australia, the Australian subsidiary of an international life insurance company, and spent time travelling to the UK to share his knowledge in the early development phase of its platform industry.
Prior to joining Praemium, Mat spent the past 12 years as a senior executive at Centrepoint Alliance, responsible for the development of its investment platform and funds management solutions. Most notably, he served as Managing Director of Ventura Investment Management Ltd and was instrumental in the development and delivery of its managed account solution vMAPs.
Praemium CEO Michael Ohanessian commented, “We couldn’t be happier to have Mat join Praemium during this period of high growth and rapid change in the platform market. We believe that his skills and expertise will play a vital role in the strategic development of our business.”
About Praemium (ASX: PPS): Praemium is a global leader in the provision of investment administration, Separately Managed Account (SMA) and financial planning technology platforms. Praemium administers in excess of 300,000 investor accounts covering approximately $100 billion in funds globally, and currently provides services to approximately 700 financial institutions and intermediaries, including some of the world’s largest financial institutions. For further information contact: Mr Paul Gutteridge, Company Secretary +613 8622 1222