Saturday, February 18, 2023
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MA Financial appoints new CFO


MA Financial Group has appointed Giles Boddy as its new chief financial officer.

Boddy (picture above) will begin his new role at the ASX-listed firm which specialises in asset management, lending, corporate advisory and equities on March 6. He will take over as CFO from Graham Lello, who announced his resignation in October 2022 after a five-year tenure with the group.

“I am excited to be joining the team at MA Financial,” Boddy said. “The business is going from strength to strength, and I look forward to working with the team on this next phase of growth.”

MA Financial Group owns non-bank lender MA Money (formerly known as MKM Capital), which it took control of in March 2022, complementing its purchase of broker aggregator Finsure in December 2021.

Boddy has more than two decades of financial leadership experience with a focus on asset management, equities, lending, and corporate transactions.

He worked for Aussie Home Loans for more than five years, most recently as CFO where he was at the helm of operational areas such as finance, risk and compliance, capital management, and legal and broker operations.

Prior to his tenure at Aussie Home Loans, Boddy also served as CFO at CommBank. He also held senior leadership roles in the wealth management division of CBA, and at MLC, Lendi Group, and NAB.

Giles holds an MBA from the Australian Graduate School of Management and is a qualified chartered accountant.

Commenting on the appointment, MA Financial joint CEOs Julian Biggins and Chris Wyke said that Boddy’s vast experience in ASX-listed companies would help the group develop financial strategies for business growth while also advancing cost management initiatives.

“His strategic approach, strong stakeholder management skills and expertise in financial markets will be invaluable as we continue to grow MA Financial and look for new opportunities,” Biggins and Wyke said. “He has a strong track record and is an excellent addition to our leadership team.”

Current CFO Graham Lello will remain with the business for a short time to allow for an orderly transition.

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