Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Former Mortgage Choice GM joins Class

handshake    handshake
Reporter 4 minute read

Andrew Russell, the executive general manager, financial services, at REA Group and former GM of Mortgage Choice, will join the SMSF administration software provider in May.

Class, a cloud-based SMSF administration software provider, has announced that the REA Group’s current executive general manager of financial services, Andrew Russell, will join its ranks as managing director and CEO later this year.

Mr Russell, who helped spearhead the launch of REA’s financial services business in 2016, will reportedly commence his new role at Class in “early May 2019”.

According to the SMSF administration software provider, the incoming MD and CEO was chosen for his “expertise in developing corporate strategy, sales leadership and market entry”, including the launch of Mortgage Choice’s wealth management and financial planning business, which he led while general manager of product and distribution at the brokerage.


Mr Russell was also instrumental in helping Virgin Money launch into the Australian market in the early 2000s.

Speaking of the new appointment, Matthew Quinn, the chairman of Class, said: “We’re very pleased to welcome Andrew as our new CEO. He brings a wealth of knowledge and practical experience in financial services, technology and product innovation.

“Andrew’s priorities on commencement will be to improve our market leadership in the SMSF administration sector and broaden our scope to become a leading SaaS platform provider in the financial services space.”

Mr Russell said he was “excited” to be joining Class and that he looked forward to working with the board to “create significant value for [its] shareholders”.

“Class has a great foundation and I see enormous potential to increase our market share and generate additional revenue from our core business and to develop new income streams,” he said.


[Related: Brokers to play key role in REA mortgage business]

Former Mortgage Choice GM joins Class
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Work smarter, not harder, in 2022 and beyond, visit the website here to secure your ticket.



more from the adviser
YBR home loans 850x380 ta

Breaking News

YBR Home Loans flags digital pivot, broker expansion

The major brokerage has launched a digital mortgage broking busin...

stressed woman ta

Breaking News

‘Perfect storm’ of trouble ahead for SMEs

An SME lending company has warned that many retail and supplier b...


Breaking News

Wisr hits high for new loans

The ASX-listed personal lender wrote $132 million in new loans du...