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Stake appoints Geoff Lloyd as chairman as it doubles down on long-term growth

admin by admin
June 5, 2023
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Stake appoints Geoff Lloyd as chairman as it doubles down on long-term growth
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Former Perpetual and MLC CEO Joins Stake as Chairman of the Board, Brings Over 30 Years of Experience to Senior Leadership Team,

Australian brokerage platform To bet Geoff Lloyd (pictured) as chairman, as it cements its position as the home for ambitious investors.

To the role of CEO at Lloyd Perpetual and MLC, he brings extensive leadership experience from his tenure as Chair of the Australian Financial Services Council and previous positions at ASIC, St George’s Bank and BT Financial. He will provide senior advice to Stake’s leadership team, helping the business maintain exceptional standards and unlock maximum value as it grows.

Geoff Lloyd, chairman of the board at Stake, commented, “The stake has been breaking barriers for investors since 2017, but this is only the beginning. It boasts an exceptional leadership team, strong growth metrics, smart allocation of capital and an outstanding product.” which means it is well equipped to meet the needs of ambitious investors now and in the decades to come. I have a passion for helping people grow their wealth, and want to see my impact as part of the Stack team Excited for.”

But after a successful year comes news To bet, which has reached over $2 billion in assets under administration, over $480 million in aggregate inflows through its innovative portfolio transfer tool, 57% year-over-year client growth for its ASX product, and strong annual Revenue. The Investment Trends H2 2022 report identifies Stake as the largest Australian broker for US shares, and the most widely recommended by clients.

“Geoff is one of the most knowledgeable people in the Australian finance industry with an outstanding track record of helping companies grow responsibly,” said Matt Leibovitz, CEO and cofounder of Stake. His values ​​align perfectly with Stake’s mission. and will deliver incredible value as we continue to mature. We are honored to have him on the Stack team and look forward to driving superior customer results.”

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