SelfWealth founder to step down, replacement named

SelfWealth's founder and managing director, Andrew Ward, will step down from his role as managing director of the organisation in May.

Ward has been on an extended leave of absence of the business for personal reasons since late 2019.

Before founding SelfWealth in 2011, Ward had experience in business development and managing director roles across trading and wealth organisations including Austock and AMP Personal Wealth. He helped take the company public in 2017.

Rob Edgley, who has been in an acting capacity as CEO, will continue on in in the role permanently.

SelfWealth chair, Tony Lally, said, "Andrew is among a tiny group of successful entrepreneurs who took a dream and built a business meeting the real needs of its customers and then led that business to list on the ASX.

"The Board wishes to thank Andrew for his vision, his energy and his unwavering belief, all of which have led to the success of SelfWealth."

Ward will continue on with the organisation as a special adviser to the board. "The Board looks forward to Andrew's continued contribution to the firm as he has exceptional experience and an intimate understanding of the online trading market," said Lally.