In her role, Davie will head up Bravura’s global People & Culture teams, with a focus on ensuring the business continues to strategically, attract, develop, and retain the best talent to support some of the world’s largest financial institutions in wealth, funds administration, pensions, and superannuation as they look to digitally transform and modernise using Bravura’s industry-leading technology.

Andrew Russell, Group CEO and Managing Director, said: “Our people are one of our greatest assets and Gillian is joining at a pivotal time for the organisation as we further look to embed a client and product-centric culture across our 1,300 employees spread across 15 offices globally. Having worked broadly across the technology and financial services sectors both domestically and internationally, I’m confident Gillian will bring a fresh perspective to evolve our People & Culture strategy to deliver for our clients, and drive growth for our organisation.”

 Gillian joins Bravura as a highly (ASX) experienced HR leader and was selected by Human Resources Director Australia as part of the 2023 HR Global 100 leaders to know and 2024 The Best HR Executives in Australia – HR Hotlist. Most recently, Gillian’s work has included rebuilding the brand and culture for AMP Group.

Davie will be based in Sydney and report directly to Andrew Russell, Group CEO and Managing Director.

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Paul Dunn and Chris Spencer will take up their new roles as CEOs of APAC and EMEA business units, respectively, with immediate effect. Both will be responsible for the end-to-end financial management and operational delivery for their regions, with a focus on driving growth and improving client outcomes. Chris and Paul will report into Group CEO and Managing Director, Andrew Russell.

Andrew Russell, Group CEO and Managing Director, Bravura, said: “This is a crucial step in the evolution of Bravura, helping us further streamline our business and form ever closer relationships with our clients.

“Since joining the business earlier this year, I’ve been hugely impressed with the impact Chris and Paul have made in their regions and both will play important roles in aligning our organisation with our markets, products and clients moving forward. Our new structure will set ourselves up for future success and ultimately ensure we continue to provide a suite of industry-leading solutions throughout the wealth value chain to help our clients unlock value, create scale and achieve operational efficiency gains.”

In addition, Bravura has named Chris Biddick as Managing Director, Transfer Agency. In his role, Chris Biddick will report into Chris Spencer, CEO, EMEA, and be responsible for growing the business with current clients and prospects.

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In his role, Johnson will lead Bravura’s global product team, working to unify and simplify Bravura’s expansive suite of products throughout the wealth value chain, with a focus on creating repeatable, scalable and easily integrated solutions. This will include Johnson collaborating closely with clients throughout the world to develop and streamline technology and business processes to improve efficiency and enhance customer experience through digital delivery.

Bravura has deep industry expertise in wealth management, UK pensions, Australian superannuation, and funds administration technologies with more than $5tr USD in funds under administration^[1] (FUA) on its systems.

The appointment of a global Head of Product and centralised product management team is a crucial step in Bravura’s journey to become a product-centric organisation, unifying its global resources and creating a clear roadmap for product innovation, said Andrew Russell, Bravura Group’s Chief Executive Officer.

Russell said: “With extensive financial services experience, Greg will be a great addition to the team and will work closely with our global customers to better understand their pain points and how Bravura products can better meet their strategic goals in the wealth management and funds administration space. Our clients are looking to us to help them drive down costs, reduce complexity and increase efficiencies and I’m confident that Greg will help us achieve these aims in a way that resonates with clients and helps increase our footprint in key markets across the globe.”

Johnson said: “Bravura has an expansive reach and scale across its suite of solutions and a huge opportunity to build on its rich history and capability to help our clients become more efficient, streamlined and ultimately more profitable. I’m looking forward to working with clients on our product innovation plans and helping them innovate in some of the most tightly regulated industries in the global markets in which we operate.”

Johnson joins Bravura with deep technology, product and wider industry expertise after holding senior roles at AMP, TAL Limited and Nano Digital Home Loans, where he was most recently B2B Group Executive. Before that, he was General Manager at Challenger Limited, and was responsible for the company’s underlying growth strategy in the annuities and life business units, which included its group portfolio and mergers and acquisitions strategy.

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[1] Figure based on Bravura’s internal reporting. Correct as of June 2023.

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Mr Russell has been Interim CEO since 19 June 2023 while the Board undertook a global external executive search for a permanent CEO.

Bravura Chairman Matthew Quinn said “We are very pleased that Andrew has agreed to become CEO of Bravura. Following an extensive search process, it is clear to the board that Andrew is the best candidate for the role and he has already demonstrated great leadership whilst acting as Interim CEO. We are confident that Bravura has a very bright future with Andrew as CEO.”

Bravura CEO Andrew Russell said “It’s an honour to be appointed CEO. Bravura has very strong foundations as a leading technology business and we can now build on this, put the recent disruption and uncertainty behind us and focus all our energy on delivering great service to our customers and rebuilding value for our shareholders.”

Mr Russell has 20 years of experience in the finance and technology industries. Formerly CEO and Managing Director of ASX-listed SaaS technology firm, Class Limited (Class, formerly ASX – CL1), he led the business through a change strategy which included acquiring and integrating four companies in less than two years. Prior to that, Andrew was founding Executive Director and Executive General Manager, Financial Services, REA Group.

He replaces Libby Roy who stepped down as CEO and Managing Director on 19 June 2023.

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