Australian fintech announces new chair on board of directors

Padua has confirmed the appointment of Peter O'Connell – former founder and chief executive of telecommunications company amaysim that recently sold its mobile business to Optus.

“We’re absolutely thrilled to have Peter join us as chair of the board as we position ourselves for growth and scale,” Padua co-founder, Anne-Marie Esler, said.

“Peter brings a strong background in technology and sales and marketing that will be invaluable to Padua as we pursue our SaaS and tech-enabled services trajectory.”

Mr O'Connell has over 30 years of executive experience and has served on a number of high-profile boards including Ticketek, Stadium Australia, Film Australia and Perisher Blue.

Former chairman and Padua co-founder, Matthew Esler, will move forward as joint managing director and executive director on the board alongside Ms Esler.

“Padua is an exciting and fast-growing fintech company that is solving many problems faced by the financial advice sector,” Mr O'Connell said of his new appointment.

“The founders are sector experts with great technical skills and I am looking forward to working with Matt and Anne-Marie. Under the founders’ guidance, Padua has developed the only technology dedicated to solving the very real and prolific problem of delivering financial advice in a cost effective and efficient manner.

“Padua’s technology dramatically reduces the cost of compliance for advisers and runs unopposed in the market.

“I am excited about the opportunity for Padua and I look forward to overseeing the growth of the business as we make our mark in Australia before setting our sights further afield.”

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.