Board Changes
Released
Released
Announcement PDF
ASX Announcement | 28 November 2023
Raiz Invest Limited (ASX:RZI)
Board Changes
Raiz Invest Limited (Raiz or the Company) today announces changes to its Board, with the resignation
of Ms Philippa Taylor with effect from the close of the Annual General Meeting, scheduled for Tuesday
28 November 2023. Accordingly, the Company is withdrawing Resolution 2, Re-Election of Philippa
Taylor as Director, from the Notice of Annual General Meeting dated 30 October 2023.
The Company announces that the appointment of Mr Jon Brett and Mr Robert Hines as announced to
the ASX on 21 November 2023 will be brought forward and be effective from the close of the AGM.
Chair Ms Humphreys says:
“Ms Taylor has been a valued and respected Chair of our Nomination, Remuneration and Culture
Committee and member of the Board since joining in February 2022. She has been instrumental in
helping to reshape the organisation and our board, as well as establishing more robust and relevant
performance and remuneration metrics. Her experience across multiple customer-centric industries and
wealth of expertise in people-related matters has been of enormous benefit and played an important
role in contributing to the Company successfully refreshing its Strategy and repositioning itself more
strongly as we move into FY24.”
The Board and management thank Ms Taylor for her service and wish her well in her future.
For further information, please contact:
Brendan Malone
Managing Director / CEO
M: +61 439 339 195
E: ir@raizinvest.com.au
@raizapp
Raiz Invest
@raizaustralia
@raizinvest
Raiz Invest
About Raiz Invest Limited
Raiz Invest Limited (ASX: RZI) (‘Raiz’ or ‘the Company’) is a multi-award-winning micro-investing and fintech
platform with operations in Australia and Southeast Asia.
With Raiz, users can automatically invest the virtual ‘spare change’ from their daily purchases in diversified
portfolios constructed of low-cost ETFs, Australian stocks, Bitcoin and Australian residential property. In
Australia, this can be done to boost savings both inside and outside of superannuation, the country’s compulsory
pension system.
Since launching in 2016 Raiz has achieved solid growth, amassing more than 3.1 million downloads, over
3,080,000 signups, and over 671,000 active monthly customers with over A$976 million Funds under
Management as at 30 September 2022.
Raiz continues to enhance its platform, with over 20 new product innovation and enhancements since
launch. With a realignment in our strategy internationally, we currently maintain offices in Malaysia and
Indonesia, and are exploring how best to extend our footprint into Thailand and Vietnam.
To learn more, please visit: www.raizinvest.com.au
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