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Findex CEO switches to strategic role

Appointments

The firm’s co-founder has moved from chief executive to managing director and been replaced by two members of the executive team.

By Josh Needs 9 minute read

Findex Group Limited has restructured its leadership in a move that will promote further growth within the business, it said. 

The firm’s co-founder and former CEO Spiro Paule has moved into the role of managing director, promoting chief operations officer Tony Roussos and chief financial officer Matt Games to co-CEOs. 

Mr Paule said the move was designed to let Mr Roussos and Mr Games focus on day-to-day operations so he could oversee the firm’s strategic direction and growth plans. 

“With ASIC citing that over 3,000 advisers have already left the wealth space and major banks divesting their interests, the opportunity is ripe for Findex to lead the charge in a new way of managing wealth, focusing on customer value and transparency combined with best practice accounting services,” said Mr Paule. 

“The growth momentum we have behind us, our investment in leadership capability at this time will help the business capitalise on the strategic growth opportunities available whilst allowing me to step back from day-to-day operations.

“I will continue to work closely with our longstanding board and executive team to drive the strategic direction of the business.” 

Mr Roussos said he was honoured to help lead the firm forward, particularly as it looked to expand. 

“As one of Findex’s first employees, it is a privilege to be given the opportunity to be custodian for the business as we look to activate our next stage of growth,” he said.

Mr Games echoed Mr Roussos’ comments and said he was looking forward to working alongside him. 

“When I left Macquarie Bank to join Findex as CFO 15 years ago, I was attracted to its entrepreneurial vision combined with the strong family values instilled by founders Spiro and Terry Paule,” said Mr Games. 

“As an executive team, we’ve always worked together under the strategic guidance of Spiro to leverage our complementary skills and I’m looking forward to continuing my strong partnership with Tony to drive the business on its next stage of growth.” 

Findex said that the altered leadership model would help the firm grow and develop by taking advantage of the restructure occurring in the wealth management sector.

The now co-CEOs had been with Findex for a collective 45 years and overseen 63 acquisitions, helping it grow from a team of 50 people to nearly 3,000 across 100 locations since 2018.

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Josh Needs

Josh Needs

AUTHOR

Josh Needs is a journalist at Accountants Daily and SMSF Adviser, which are the leading sources of news, strategy, and educational content for professionals in the accounting and SMSF sectors.

Josh studied journalism at the University of NSW and previously wrote news, feature articles and video reviews for Unsealed 4x4, a specialist offroad motoring website. Since joining the Momentum Media Team in 2022, Josh has written for Accountants Daily and SMSF Adviser.

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