Avaloq has strengthened its leadership team in Australia by hiring Lee Redpath as Head of Consulting in Australia. In this new role, Redpath will be spearheading the development of the consulting practice within the wealth management area. Redpath will be reporting to Anantha Ayer, Regional Head of Avaloq in Australia.
Redpath, most recently, held the role of Chief Operating Officer at OpenMarkets Australia. Prior to that he was an independent consultant for wealth management firms, a partner at Crestone Wealth Management and before that he held various senior change roles within UBS globally and in Australia.
Paco Hauser, Global Head of Markets of Avaloq Group, said: “Australia is a key market for us and it is in the midst of enormous changes initiated not only by the Royal Banking Comission but also by the global trend of “Democratization of Wealth”. In order to assist Wealth managers transform their businesses, we are enhancing our capabilities. We are delighted to bring Lee onboard to develop our consulting practice targeting the platforms, wealth managers and advisors.”
Anantha Ayer, Regional Head of Avaloq in Australia, said: “As part of our continued focus to grow our presence in Australia, we are strengthening our leadership and capabilities here. Lee brings along extensive experience within wealth management industry.“
Digital technologies such as cloud-based operating models, artificial intelligence, data analytics and automation will significantly enhance front, middle and back office processes at banks and wealth managers, resulting in a more personalized, smarter and more efficient client experience
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