Media Release issued: 1 January 2021
Ignition Advice today announced that Russell Scrimshaw has accepted the roles of Deputy Chairman of the Board of Directors and Non-Executive Director. Scrimshaw is an experienced senior executive and company director, and a valuable addition to the growing firm.
On joining the Board of Ignition, Russell Scrimshaw, Deputy Chairman of the Board of Directors and Non-Executive Director, said, “I am very excited to be a part of what I expect will be a major international software and services company in the rapidly expanding financial services and advice sector. Clearly, Ignition software is world class and has already generated several prestigious sales in Europe and the UK, as well as in Australia.”
Peter Meurer, Chairman of the Ignition Board of Directors said, “We are delighted to welcome Russell Scrimshaw to Ignition Advice. He is one of Australia’s leading financial services experts. An appointment of this calibre will greatly assist Ignition as we continue to expand through partnerships with leading global institutions in 2021.”
In his recent career Scrimshaw has been Deputy CEO of Fortescue Metals Group and Chairman of UK listed Sirius Minerals PLC (acquired by Anglo American earlier this year). He is Chairman of the Garvan Foundation and Non-Executive Director of the Garvan Institute of Medical Research.
During his earlier corporate executive career, Scrimshaw was at various times responsible for Information Technology and Operations in the Commonwealth Bank of Australia, Director of Marketing at Optus Communications, Vice President of Sales and Service in the US for American computer Company Amdahl, and a senior executive in IBM Australia.
The appointment follows Ignition’s successful Series B capital raising with Morgan Stanley Wealth Management in 2020.