Praemium promotes Morris to chief distribution officer

Praemium's head of distribution, Martin Morris, has been promoted to the position of chief distribution officer, joining the executive leadership team.

Chief commercial officer, Mat Walker, has also had business strategy added to his responsibilities.

"With the acquisition of Powerwrap and investment in sales, service and operations over the past two years we are well positioned to capitalise on the strong momentum we have built and to deliver continued growth," Praemium chief executive officer, Anthony Wamsteker said.

"While we've had a clear market strategy driving our direction, with the recent review our international business, there's an opportunity to enhance Praemium's domestic strategy to build on this growth. Since Mat joined the business at the end of 2017, he's played a key role in developing Praemium's market positioning and re-branding, overall platform and product value proposition and strategic investment in sales. During this time, Martin has built and led the Praemium Distribution Team and has been instrumental in growing the number of advisers using our platform and his thought leadership pieces have raised Praemium's brand in the market, making these changes a natural evolution for the business."