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Executive Moves

Magellan Financial Group appoints Peeyush Gupta to board

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The news: Magellan Financial Group has appointed Peeyush Gupta as an independent non-executive director to the board.

The context: Gupta will join on 1 November and has over 40 years of experience in the finance sector.

He is currently chair of Liberty Financial Group and a non-executive director of Dexus, Great Southern Bank, Chartered Accountants Australia and New Zealand, Quintessence Labs, NSW Cancer Council Investment Committee, the George Institute and Northern Territory Aboriginal Investment Corporation.

Gupta was the co-founder and chief executive of IPAC Securities.

What they said: Magellan chair Andrew Formica said: “We are delighted to welcome Peeyush to the MFG board."

"His deep experience in founding and building businesses, combined with his strong director and leadership roles across ASX listed companies, will add significant strength and perspective to our board as we continue to focus on delivering sustainable long-term value for our clients and shareholders," he said.

The source: ASX


By Jassmyn Goh