Bravura CEO, Andrew Russell, resigns | Australian Markets

Publicly-listed financial companies software program supplier, Bravura, has initiated a seek for a new chief government following the resignation of incumbent group chief government, Andrew Russell.

Russell, who led a complete turnaround of the business starting in 2023, was introduced yesterday as having determined to step down as Group CEO and Managing Director.

Russell is quoted in an announcement to the Australian Securities Exchange as saying that the time is true for him to depart.

“I joined Bravura at a very challenging and critical time requiring difficult decisions to be made and fast action to be taken to restore profitability and restructure company, whilst at the same time improving engagement with our customers and employees,” he mentioned. “I am proud to have led Bravura through his period and to see the company achieve such a significant turnaround.”

“Bravura is now effectively positioned to construct on the sturdy basis we now have created and I imagine it’s the proper time to step apart an permit the board to seek out a successor who can capitalise on this place and proceed the optimistic trajectory.’

Bravura chair, Matthew Quinn mentioned the company would begin a complete worldwide seek for its subsequent CEO however that, within the meantime, it had appointed non-executive director, Shezad Okhai, to the function efficient at the moment, noting that Okhai wouldn’t be thought of for everlasting appointment.