The move was announced on Friday.
CEO Eric Blewitt has resigned from AUSIEX and is set to leave the company on 31 August 2022 after a nine-year tenure in order to pursue new opportunities.
Current AUSIEX CFO, Patrick Salis, will be assuming the role of CEO from 1 September 2022 and will hold the position of Acting CEO in the interim. He has been AUSIEX’s CFO since 2021, and has worked for AUSIEX’s owners Nomura Research Institute (NRI) since 2018.
Mr Salis has also held several executive positions, notably at ASX listed GBST Limited, JDV limited and Virgin Money Australia.
Hiroyuki Kawanami, AUSIEX Chairman, thanked Mr Blewitt for his “significant contribution” to the company through managing the business’s separation from CBA over the last year in particular and wished him the best on his future endeavours on behalf of the AUSIEX board.
“He has successfully led AUSIEX through a period of enormous change together with the senior management team,” Mr Kawanami said.
“Eric’s leadership and commitment have steered AUSIEX to be the largest wholesale broker in Australia with strong growth opportunities.”
Mr Kawanami also commented on the appointment of Mr Salis, stating that he is a senior executive with “significant experience and achievements in growing fintech businesses.”
“His commercial insight, vision and a strong track record positions AUSIEX well for its next phase of growth,” he said.
“Patrick has been part of the NRI acquisition of AUSIEX from the beginning and lead the implementation of key initiatives, including AUSIEX’s recently launched platform utilising NRI’s iSTAR back-office technology.”
On his resignation, Mr Blewitt remarked that he was “grateful for the opportunity” to lead AUSIEX through its “transformation to a standalone entity and repositioning it for future growth.”
“I am confident AUSIEX’s capable and effective senior management team, led by Patrick Salis, with the backing of NRI’s ownership, will continue to drive the business to further success,” Mr Blewitt said.
Mr Salis commented that AUSIEX and NRI are a “natural fit” and that he looks forward to what the two companies can achieve together. He said that NRI’s “deep domain expertise, strong balance sheet and high-quality technology solutions” has provided AUSIEX with a unique position in Australia.
“The AUSIEX team are building the leading market utility that provides; Equities & ETO trade execution, clearing and settlement solutions (ECS) with portfolio administration services (PAS),” Mr Salis said.
“We are independent, well capitalised with a long tradition of providing specialised proprietary technology to the capital markets industry.”
The non-executive director will retire after 12 years on the company’s board. ...