Avaloq appoints Australian GM and MD
International fintech giant, Avaloq, has strengthened its presence in Australia with the appointment of Anantha Ayer as general manager and head of Avaloq Australia, and James Land as managing director.
Ayer joins Avaloq’s Australian team from its Singapore branch, where he was responsible for overseeing the provision of operational back office services across the Asia Pacific market.
Ayer also held previous roles with Deutsche Bank and Citigroup.
Land joins the team from Thomson Reuters, where he was head of market development across the Asia Pacific market as well. He previously held roles at Nomura and Westpac, and will now report directly to Ayer.
The appointments follow a number of other key appointments to the board, and reflect Avaloq’s focus on the wealth management market in Australia where the fintech provider is looking to capitalise on opportunities by providing platform solutions to customers across the country.
Avaloq Group chief executive officer, Jürg Hunziker, said given Australia has become one of the world’s most advanced financial services markets, there was enormous opportunity for the Avaloq suite of digital solutions.
“We continue to strengthen our offering by increasing our pool of expertise and recruiting key industry individuals to meet strong customer demand for our software and services,” he said.
Recommended for you
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
Culture clashes and differing management styles are among the reasons why, recruiters tell Money Management, they see employees changing jobs post-M&A activity.
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.