Ignition Wealth has announced the appointment of Manish Prasad as chief executive officer, effective May 2018.
Prasad will replace co-founder and inaugural CEO, Mark Fordree, who is moving into the role of executive director to focus on the global expansion of the business.
Prasad is currently a director of asset and wealth management at KPMG. Prior to this, he held senior global roles with NAB/MLC, AMP/AXA, Genesys Wealth Advisors and Capital Position LLC.
Commenting on his appointment, Fordree said: "On behalf of the Ignition Wealth Board, executive team and staff, we are extremely pleased to have engaged Manish Prasad to lead Ignition Wealth. Manish is a deeply experienced and well respected financial services executive, whose expertise and knowledge will guide Ignition Wealth as we continue to grow."
Prasad added: "Digital financial advice as an industry is at a very exciting stage. I am looking forward to driving the business at Australia's leading B2B robo-advice solutions provider Ignition Wealth."