MMC further expands its executive team
Monday, April 19th 2021, 12:46AM
MMC, which runs investment platfrom Aegis, has expanded its executive leadership team with appointment of a Chief Product Officer (CPO) and Chief Operating Officer (COO).
It says, in a statement, these appointments will strengthen its organisational structure to position technology innovation and operational excellence at the heart of its fund and wealth administration services.
Joshua Arnold has been appointed as the CPO. He has extensive experience from senior product and technology leadership roles across the world, where he has led strategic product development initiatives for prominent New Zealand as well as global organisations including Kiwibank, Air New Zealand, Spark Ventures, Western Digital and TUI Group.
New COO, Rene Tourell will take over from Chris Watson, whose focus as MMC’s Chief Transformation Officer will ensure delivery on strategic change initiatives for its clients.
Tourell has comprehensive experience as an executive in operations, client success management and performance optimisation from financial technology and services markets in London and New York. During her 16 years with Dealogic, a global financial technology firm, she focused on building ‘client first’ cultures where she has a proven track record of translating strategy into action.
“Tourell understands how to leverage technology for operational excellence while bringing the best out of people to focus on value-adding tasks. We’re delighted to welcome Tourell to MMC and are confident that her leadership will contribute to our ongoing success,” said Babic.
“Arnold is a multi-faceted fit for the Chief Product Officer role with a blend of engineering, product, digital and people capabilities. This aligns with MMC’s strategic direction. He will inspire to attract top talent to support high-performing teams – where product, technology and talent merge,” MMC chief executive Vedran Babic says.
Both of these seasoned executives bring global experience from executive roles within financial services. “Our people and our technology are MMC’s most important assets. These new appointments will help develop those strengths further, bringing more innovation and efficiency to the investment management and advisory market,” Babic says.
“With the newly created Chief Product Officer role, we are looking to extend MMCs technology leadership, and develop new capabilities to empower our clients. The industry needs better tools to respond to a fast-changing world,” Babic says. Complementing MMC’s fund and wealth administration platforms, MMC’s planned launch of Digital and Insights are examples of improvements that will benefit MMC’s clients across various services and deliver an enhanced experience for investors.
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