Ignition Advice appoints deputy chair

Ignition Advice appointment Morgan Stanley

28 January 2021
| By Chris Dastoor |
image
image
expand image

Ignition Advice has appointed Russell Scrimshaw as deputy chair of the board of directors and as a non-executive director. 

Scrimshaw had been deputy chief executive of Fortescue Metals Group and chair of UK-listed Sirius Minerals (acquired by Anglo American this year). 

He was currently chair of Garvan Foundation and non-executive director of the Garvan Institute of Medical Research. 

Scrimshaw said: “I am very excited to be a part of what I expect will be a major international software and services company in the rapidly expanding financial services and advice sector. Clearly, Ignition software is world class and has already generated several prestigious sales in Europe and the UK, as well as in Australia”. 

Peter Meurer, Ignition board of directors chair, said: “We are delighted to welcome Russell Scrimshaw to Ignition Advice. He is one of Australia’s leading financial services experts. An appointment of this calibre will greatly assist Ignition as we continue to expand through partnerships with leading global institutions in 2021”. 

During his earlier corporate executive career Scrimshaw was at various times responsible for information technology and operations in the Commonwealth Bank of Australia, director of marketing at Optus Communications, vice president of sales and service in the US for American computer Company Amdahl, and a senior executive in IBM Australia.   

The appointment follows Ignition’s successful series B capital raising with Morgan Stanley Wealth Management in 2020. 

Proceeds from the capital raising would be used to support business development and product research. 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

4 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 22 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 1 hour ago