Changes afoot to the Raiz Invest Board

ASX-listed microinvesting pioneer Raiz Invest has today announced changes to its Board.

Stuart Grimshaw has resigned with effect from 31 May 2023, following his recent appointment as CEO at fellow ASX-listed fintech Humm.

Ms Kelly Humphreys (pictured) has been appointed interim Chair of the Board, with effect from 1 June 2023.

Interim Chair of Raiz Ms Humphreys said, “Stuart Grimshaw has been a valued member of the Board since joining in December 2021, bringing strong financial services and ASX experience. Since stepping into the role of Chair in September 2022, the company has successfully implemented a refreshed strategy, repositioned its international business model and refocused the Australian business.

“We are fortunate our Board is very collegiate and continues to work closely with management to define and execute these strategies and build on the positive momentum demonstrated.”