JANA poaches Ignition Advice CTO
JANA Investment Advisers has hired a general manager of technology and data from Ignition Advice.
Enda Mahoney joined the investment consultant on 18 November and will also be a member of the firm’s executive leadership team.
Mahoney joins JANA from Ignition Advice where he worked as chief platform and technology officer designing a low-cost advice platform for global clients. Prior to this, he spent five years as chief information and technology officer at Mason Stevens.
He will report to Georgina Dudley, JANA’s CEO, who took over the CEO role from Jim Lamborn in September 2022.
In the general manager role, he will lead the firm’s IT and data management strategy focused on integrating advanced analytics, artificial intelligence, and machine learning to align with JANA’s strategic objectives, unlock new opportunities, and enhance service delivery for clients.
Dudley said: “Enda’s proven track record in delivering high-impact platforms and driving technology transformations is exactly what JANA needs at this stage of our growth. His experience in building scalable, secure technology environments will allow us to deliver greater value to clients and reinforce our commitment to innovation in the asset consulting space.”
Mahoney said: “JANA’s vision to evolve its digital and data capabilities resonates strongly with me, and I am excited to contribute to a future-ready, secure, and scalable technology platform that supports our clients’ needs and the firm’s growth objectives.”
Earlier this year, JANA announced it had been chosen as the investment adviser for national financial advice firm Alteris Financial Group. Alteris has funds under advice of $1.8 billion, with offices in Sydney, Brisbane, Melbourne, Rockhampton, and Gladstone and more than 80 staff.
The addition of Alteris means JANA now manages over $10 billion on behalf of private wealth and advice practices in Australia and has total funds under advice of $1.3 trillion including industry superannuation funds, insurance, and family offices, among others.
It was also chosen as the investment consultant for charitable development fund Uniting Financial Services that provides lending and investment services to the Uniting Church, the Synod of NSW and ACT.
“There’s a lot of opportunity for JANA to support more NFP organisations, such as for-purpose organisations, foundations and universities, who can benefit from having an independent, institutional investment consultant,” said Michael Maher, senior consultant and head of not-for-profits at JANA.
AUTHOR
Laura Dew
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