Wednesday, March 29, 2023

MA Monetary appoints new CFO

MA Monetary Group has appointed Giles Boddy as its new chief monetary officer.

Boddy (image above) will start his new function on the ASX-listed agency which specialises in asset administration, lending, company advisory and equities on March 6. He’ll take over as CFO from Graham Lello, who introduced his resignation in October 2022 after a five-year tenure with the group.

“I’m excited to be becoming a member of the staff at MA Monetary,” Boddy mentioned. “The enterprise goes from energy to energy, and I look ahead to working with the staff on this subsequent section of development.”

MA Monetary Group owns non-bank lender MA Cash (previously often known as MKM Capital), which it took management of in March 2022, complementing its buy of dealer aggregator Finsure in December 2021.

Boddy has greater than 20 years of economic management expertise with a deal with asset administration, equities, lending, and company transactions.

He labored for Aussie House Loans for greater than 5 years, most not too long ago as CFO the place he was on the helm of operational areas corresponding to finance, threat and compliance, capital administration, and authorized and dealer operations.

Previous to his tenure at Aussie House Loans, Boddy additionally served as CFO at CommBank. He additionally held senior management roles within the wealth administration division of CBA, and at MLC, Lendi Group, and NAB.

Giles holds an MBA from the Australian Graduate College of Administration and is a professional chartered accountant.

Commenting on the appointment, MA Monetary joint CEOs Julian Biggins and Chris Wyke mentioned that Boddy’s huge expertise in ASX-listed corporations would assist the group develop monetary methods for enterprise development whereas additionally advancing price administration initiatives.

“His strategic strategy, robust stakeholder administration abilities and experience in monetary markets might be invaluable as we proceed to develop MA Monetary and search for new alternatives,” Biggins and Wyke mentioned. “He has a powerful monitor file and is a superb addition to our management staff.”

Present CFO Graham Lello will stay with the enterprise for a short while to permit for an orderly transition.

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