PPS +0.79%: Announced that the Interim CEO, Anthony Wamsteker, has been appointed CEO of PPS from 16 August 2021. This is unsurprising, positive and a safe pair of hands for PPS. Anthony has had 30 years’ experience in financial services, including, most pertinently, 3 years as Chairman of Powerwrap (PWL), 12 years at National Mutual/AXA (funds management) and 9 years as the founding CEO of ME Bank (founded by Australia’s industry superannuation funds). Given PPS will be Australian-based post International divestment, this move makes sense.
We hold PPS in the Emerging Companies Portfolio
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