Australian investment platform, Stake, has made a key appointment to its leadership team, naming Jon Howie as Chief Commercial Officer (CCO). This move comes as Stake seeks to further drive new wealth creation opportunities for ambitious investors and continues to experience significant growth within the Australian market.
With over two decades of experience in the financial services industry, Howie's credentials are impeccable. His resume includes previous roles as Head of Index Equity at BlackRock APAC, Head of iShares Australia, and leadership positions at Macquarie Bank and VGI Partners. As CCO, Howie will focus on promoting strategic innovation across all teams at Stake and ensuring the company's sustainable long-term business growth.
Matt Leibowitz, CEO and founder of Stake, expressed his confidence in Howie's abilities: “Jon has an outstanding track record of driving better investor outcomes, combining in-depth knowledge of product leadership, with a talent for business strategy and the ability to motivate teams. Stake is already breaking barriers for investors via our ASX, Wall St and SMSF products, and with Jon on board, we are perfectly positioned to expand well into the future.”
Stake's recent success is demonstrated in its impressive statistics, reaching over $2.5 billion in assets under administration and achieving 120% year-on-year active customer growth for Stake Aus. According to the Investment Trends H1 2023 report, Stake is now the third largest investment platform in Australia. Furthermore, the platform was recently honored with the Outstanding Value Award – Trader, in the Canstar 2023 Online Broker Awards.
Reflecting on his new position, Jon Howie says, “Stake has been a pioneer in making the markets more accessible, and is incredibly well positioned to meet current and future customer needs. As more people engage with their finances, there are incredible opportunities ahead, and I’m excited by what we can achieve.”
Howie's appointment signifies Stake's commitment to innovation and growth, aligning with its vision of creating wealth opportunities for investors. As the company continues to carve a significant niche in the Australian market, Howie's leadership will play a critical role in taking Stake to new heights in the financial world. It marks another significant step in Stake's ongoing efforts to empower investors and make the markets more accessible to all.