Wilson Asset Management (WAM) has appointed the former chief technology officer of Commonwealth Bank to its board of directors.
Matthew Pancino will step into the role, pending shareholder approval. Mr Pancino held the role of chief technology officer from 2019 to 2020 before being poached by Google, where he took the position of director of industry solutions practice lead for APAC. He also served as executive general manager for retail and wealth at CBA between 2016 and 2019.
“Matthew is a noted technology, operations and transformation expert with 30 years’ experience gained in leading organisations within the communications, banking and funds management sectors,” said WAM CEO Geoff Wilson.
“Matthew joins the [board of directors] at a time of significant social, technological, commercial and organisational changes and he is well placed to advise WAM Capital and the Wilson Asset Management group given his first-class experience.”
Mr Pancino has also held the roles of CEO for Suncorp Business Services, group executive for operations and chief information officer at Perpetual, and head of transformation at Telstra.
He holds a bachelor of science, is a member of the Australian Institute of Company Directors, and has completed executive education at INSEAD and the Stanford University School of Business.
“I am excited to take part in Wilson Asset Management’s journey as a director of WAM Capital,” Mr Pancino said. “Wilson Asset Management is the leader in the listed investment company sector, and I am excited to strengthen its technological and operational capabilities. I look forward to working with an exceptional board of directors to the benefit of all shareholders.”
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