{"id":1244,"date":"2021-04-19T06:30:00","date_gmt":"2021-04-18T17:30:00","guid":{"rendered":"https:\/\/www.mmcnz.co.nz\/?p=1244"},"modified":"2021-06-14T13:28:33","modified_gmt":"2021-06-14T00:28:33","slug":"mmc-add-to-c-suite-to-support-growth-and-innovation","status":"publish","type":"post","link":"https:\/\/www.mmcnz.co.nz\/mmc-add-to-c-suite-to-support-growth-and-innovation\/","title":{"rendered":"MMC add to C-suite to support growth and innovation"},"content":{"rendered":"\n

<\/p>\n\n\n\n

MMC, New Zealand\u2019s leading provider of investment administration services to over 100 investment managers, product providers and investment professionals, are excited to announce the expansion of their Executive Leadership team. With the appointments of Joshua Arnold as Chief Product Officer (CPO) and Renee Tourell as Chief Operating Officer (COO), MMC strengthen their organisational structure to position technology innovation and operational excellence at the heart of their comprehensive fund and wealth administration services.<\/p>\n\n\n\n

Both of these seasoned executives bring global experience from executive roles within financial services. \u201cOur people and our technology are MMC\u2019s most important assets. These new appointments will help develop those strengths further, bringing more innovation and efficiency to the investment management and advisory market,\u201d said MMC\u2019s CEO Vedran Babic.<\/p>\n\n\n\n

Technology has always been a crucial enabler of MMC\u2019s service delivery model. \u201cWith the newly created Chief Product Officer role, we are looking to extend MMCs technology leadership, and develop new capabilities to empower our clients. The industry needs better tools to respond to a fast-changing world,\u201d Babic continues. Complementing MMC\u2019s fund and wealth administration platforms, MMC\u2019s planned launch of Digital and Insights are examples of improvements that will benefit MMC\u2019s clients across various services and deliver an enhanced experience for investors.<\/p>\n\n\n\n

Arnold has extensive experience from senior product and technology leadership roles across the world, where he has led strategic product development initiatives for prominent New Zealand as well as global organisations including Kiwibank, Air New Zealand, Spark Ventures, Western Digital and TUI Group. \u201cArnold is a multi-faceted fit for the Chief Product Officer role with a blend of engineering, product, digital and people capabilities. This aligns with MMC\u2019s strategic direction. He will inspire to attract top talent to support high-performing teams \u2013 where product, technology and talent merge,\u201d said Babic.<\/p>\n\n\n\n

\u201cI\u2019m super excited to join MMC \u2013 and especially right now with the shift to digital accelerating across the investment administration market. MMC are already in pole position, ready to capitalise on opportunities to deliver distinct value to their clients,\u201d said Arnold.<\/p>\n\n\n\n

Tourell brings comprehensive experience as an executive in operations, client success management and performance optimisation from financial technology and services markets in London and New York. During her sixteen years with Dealogic, a global financial technology firm, she focused on building \u2018client first\u2019 cultures where she has a proven track record of translating strategy into action. \u201cTourell understands how to leverage technology for operational excellence while bringing the best out of people to focus on value-adding tasks. We\u2019re delighted to welcome Tourell to MMC and are confident that her leadership will contribute to our ongoing success,\u201d said Babic.<\/p>\n\n\n\n

Tourell will take over the Chief Operating Officer duties from Chris Watson, whose focus as MMC\u2019s Chief Transformation Officer will ensure delivery on strategic change initiatives for our clients and MMC.<\/p>\n\n\n\n

\u201cI\u2019m passionate about financial technology and services. And I look forward to joining such a forward-thinking organisation with a growth mindset, ready to embrace their leading role in financial services to support the New Zealand investment administration market,\u201d said Tourell.<\/p>\n\n\n\n

For further information, please contact:<\/strong><\/p>\n\n\n\n

Nicola Tait, Chief Client Officer
Email: ntait@mmcnz.co.nz<\/a>
DDI: 09 557 1484<\/p>\n\n\n\n

About MMC<\/strong><\/p>\n\n\n\n

Behind the scenes powering their clients\u2019 success is where MMC are at their happiest.<\/p>\n\n\n\n

Since 2005, MMC have provided outsourced investment administration services to the New Zealand investment sector.<\/p>\n\n\n\n

Auckland-based MMC now have over 150 staff and administer combined funds of around $100 billion for 100 clients ranging from investment managers to product providers and groups of investment professionals.<\/p>\n","protected":false},"excerpt":{"rendered":"

New hires cement technology innovation and operational excellence at the heart of MMC\u2019s services.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"content-type":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\nMMC add to C-suite to support growth and innovation<\/title>\n<meta name=\"description\" content=\"MMC welcome new CPO and COO, positioning technology innovation and operational excellence at the core of their client centric delivery model of financial services in New Zealand.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mmcnz.co.nz\/mmc-add-to-c-suite-to-support-growth-and-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MMC 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