Spaceship bolsters leadership team

20 January 2020

Spaceship, the innovative investing platform for younger Australians, today announced senior appointments to strengthen its systems and processes and help drive growth.

The appointments follow a number of developments for the fintech business in the past six months.

Peter McHale joins as Chief Operating Officer (COO) and Andrew Malak joins as Chief Product Officer (CPO). In addition, Olly Emery joins the leadership team as Chief Marketing Officer (CMO).

Peter McHale has more than 25 years’ experience in financial services, including senior roles at Macquarie Group and Bennelong Asset Management.

Andrew Malak has more than 15 years' experience in financial services holding several roles within the product and digital arms of the Westpac Group including RAMS Digital and St. George Bank.

Olly Emery has almost 15 years’ experience in millennial and youth marketing, including senior marketing roles at Red Bull and The Iconic.

Spaceship CEO Andrew Moore said building out the experience of its leadership team was key to setting the business up for the future.

“Demand for an easy, affordable and educational way to invest remains unmet in Australia and Spaceship is making significant strides to fill this gap. As we grow, it is imperative we invest in our people and our structures to strengthen our business foundation, so we can deliver the best possible products to our customers,” Mr Moore said.

“These hires provide a strong lift to Spaceship’s experience and capability.”

The managed fund part of the business, Spaceship Voyager, launched in April 2018 and grew to more than 50,000 customers in 2019. It is expected to reach more than 100,000 customers in the year ahead.

In August 2019, Mr Moore was appointed CEO and it was announced that Paul Bennetts, founder and CPO, would leave the business. Andrew has 28 years’ experience in financial services, including 10 years with GE Capital and eight years’ senior management experience at Westpac Group, including roles as General Manager Retail Banking for St George and Chief Operating Officer for St George.

Spaceship Voyager offers Australians a modern, affordable alternative to investing with no minimum investment amount, all through an easy-to-use app.

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