Self-managed super fund (SMSF) software provider Class has appointed former REA Group executive, Andrew Russell, as its chief executive to lead its new ‘reimagination strategy’.
The strategy aimed to make accountants, administrators and financial advisers “reimagine” their back office with new cloud-based technologies intended to improve productivity.
Russell was formerly executive general manager, financial services for the REA Group, as which he focused on advising and gaining board approval for entry into Australia’s mortgage distribution market. He was then given responsibility for the Group’s financial services businesses across Australia and Asia.
“A proven leader and senior executive with unparalleled experience in developing corporate strategy, sales leadership, market entry and business turnaround,” Class said in a statement announcing the appointment. “Andrew will drive Class’s ‘reimagination’ strategy to support the profession’s productivity and profitability.”
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.