New chair for Mason Stevens

The integrated wealth platform provider announced on Tuesday that Andrew Walsh would take on the role as non-executive director and chair.

Mason Stevens chief executive Tim Yule said: “Andrew brings with him nearly three decades’ experience in financial services, including 13 years at the helm of ASX-listed company Iress, leading the firm to a multibillion-dollar market capitalisation during his successful tenure.

“Andrew’s background spans from start-ups through to corporate growth, product innovation and technology, strategy, global M&A, and listed markets. I’m confident this deep level of expertise will further strengthen the strategic direction of the board, bringing a fresh perspective and additional critical thinking as we enter an exciting new phase for our business.”

Mr Walsh said: “Mason Stevens is embarking on a period of accelerated growth, and I’m looking forward to playing a role in endorsing and championing the strategic direction of the business.”

“Despite a turbulent year in global financial markets, Mason Stevens has achieved record growth in revenue and funds under management and administration, by providing its high performing and innovative platform with investment support and service to financial advisers and their end clients.

“I look forward to bringing my leadership experience across technology and financial services to provide ongoing strategic counsel to support Mason Stevens’ continued growth.”

Mr Walsh retired from his position as CEO and managing director of Iress in July 2022, having spent 13 years at the firm.

He thanked current non-executive director Steve Rickwood, who took over as interim chair in April 2022, following the sudden passing of longstanding chair Pat Handley.

“I would like to extend my sincerest gratitude to Steve, who has been with Mason Stevens for over a decade, and has led the board with a steady hand through a challenging period,” said Mr Walsh.