On Monday, the wealth management software provider announced that chief distribution officer Andrew Whelan assumed the role of acting CEO last week.
Ms Bernasconi has worked with the company as its managing director since 2015.
“The board extends its appreciation and thanks for Shannon’s efforts these past four years,” WealthO2 board chairman Neil Roderick said.
“We wish her well for the future.”
Meanwhile, WealthO2 also announced the appointment of two new board members this week in founding WealthO2 shareholder and Class Super founder Richard Barber and Nimit Capital Partners’ John Griffiths.
“These new board appointments bring a wealth of strategic expertise and networks to support the exciting next phase of WealthO2’s expansion plans and to accelerate delivery efficiency gains for our clients,” Mr Roderick added.
