Oliver Reynolds, Chief Operating Officer, and Manny Damianakis, Head of Sales, will oversee day-to-day operations while Metcalf will support the handover of his responsibilities and continue to work on some ongoing projects.

Metcalf joined Global X (formerly ETF Securities) in 2014 and has held several roles during this time including Head of Operations, Co-Head of Portfolio Management, and Head of Product before being appointed as CEO in 2022 following the acquisition of ETF Securities by Mirae Asset. Under his leadership, Global X has launched 19 new funds and increased assets under management by AUD$3 billion.

Commenting on the news, Metcalf said, “We have reached many significant milestones during my time at Global X and I’m incredibly proud of everything we’ve accomplished. I have the utmost confidence in the future of the firm, and I want to thank our team for their hard work and commitment to delivering innovative and client-led solutions for investors.”

Mr Young Kim, Head of the Global Business Unit at Mirae Asset, thanked Evan for his contribution to Global X.

“Evan performed a pivotal leadership function during his tenure as CEO, establishing a strong foundation for Global X Australia and reinforcing the firm’s position as a leading provider of innovative and disruptive investment solutions. On behalf of Global X and Mirae Asset, I want to thank Evan for his leadership and dedication to the firm. We are grateful for Evan’s contribution to Global X and wish him all the best in his future endeavours,” Kim said.

Global X have commenced steps to appoint Metcalf’s replacement and are looking forward to welcoming a new leader to the business. Global X remains committed to delivering the same level of excellence and innovation that our team, customers and partners expect.

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This follows the earlier appointments in July of Kris Walesby as the CEO, and Oliver Reynolds as the COO for the region.

Olya Zenchenko, an experienced marketer, joins Mirae as the Marketing Manager from the Pendal Group, where she was involved with developing successful marketing strategies targeted at financial advisers. She has also worked at Conexus Financial and PWC in various sales and marketing roles.

Rose Nguyen joins the team as the new Alternative Fund analyst, utilising her experience of working across financial services, advisory firms and fund services. She has worked previously at Apex Fund Services as a Hedge Fund Accountant.  Prior to that, she was at Stafford Capital Partners as a Fund Administrator and at BNP Paribas Securities Services.

Kris Walesby CEO, Mirae Asset Australia noted: “We are very pleased to attract professionals of such a high calibre as we strategically look at growth in Australia. We look forward to our strengthened team working cohesively towards building a strong Australian identity.

“We are seeking to position the firm as the market-leading asset manager that brings innovative investments to all Australian investors, from retail to wholesale to institutional.

“We are at an exciting period right now and look forward to launching our new suite of Global X and venture capital products to the Australian market in 2022,” said Walesby.

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[1] Mirae Asset Global Investments currently invest over A$284 billion on behalf of clients, giving us the scale and experience to identify opportunities in a changing world (AUM as of September 2021)

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Kris Walesby

Mirae Asset Global Investments, a leading investment manager with over $280 billion in assets under management, has announced the appointment of Kris Walesby as the CEO for its Australian operations.

In addition to Walesby’s appointment, Oliver Reynolds also joins Mirae Asset Global Investments as the COO for the region.

Both these senior appointments signify Mirae Asset’s strategic move to grow its business in Australia.

Walesby, a seasoned investment professional, joins Mirae Asset from ETF Securities as its CEO for five years, where was responsible for establishing ETF Securities as one of Australia’s leading ETF provider. He previously worked in London for various investment managers, including Blackrock and, before moving to Australia in 2015, as head of capital markets for Europe, Middle East and Africa at Invesco Powershares.

Reynolds has extensive funds management experience across a range of asset managers and asset classes. He was most recently the Chief Financial Officer at Coolabah Capital. He has also worked in senior positions across the XTB group, Blackrock Asset Management and Westpac.

Young Kim, Head of Global Business at Mirae Asset Global Investments, welcomed Walesby and Reynolds to the Australian team.

He says: “Combined with Kris’s deep knowledge and understanding of investment management sector and his successful track record in growing businesses and developing people, we look forward to his contribution towards strengthening the Australian business.”

Walesby says he is excited and privileged to be appointed to the new leadership position at Mirae Asset.

“My goal as CEO is to position the firm as the market-leading asset manager in Australia providing innovative investments. We want to be regarded by clients, and broader communities, for consistently providing the best of breed investment solutions.

“With the combination of Mirae Asset’s deep fund management expertise and the local knowledge of the existing team, we hope to establish a strong Australian identity,” he adds.

Mirae Asset remains active in Alternative Investments across the region led by Luke Gersbach, and despite a relatively subdued appetite for such investments during the Covid – 19 pandemic, Mirae Asset continues to explore opportunities across the Alternative asset spectrum of private debt, private equity and real estate.

The Australian equity distribution will continue to be supported by Don Gunawan as Head of Australian business development. He will oversee the distribution of Mirae Asset Global Investments Asia ex-Japan Equity Funds to Australian institutional and wholesale/retail investors.

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