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The Markets
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The Markets
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Financial Services

Spenda taps financial service and investment market expert as non-executive director

Spenda Ltd (ASX:SPX, OTC:CROTF) has strengthened its investment and market research capabilities with the appointment of Andrew Kearnan as a non-executive director.

He is the nominee director of the company’s major shareholder, Capricorn Society Limited, and his appointment was fully endorsed by the Spenda board.

Kearnan currently serves as director of Teachers Mutual Bank Ltd, PetSure Australia Limited, UniMutual Limited and Nimble Money Limited in a deputy chair or chair capacity.

Focus on continued growth

“Andrew is an incredibly well-credentialled nomination to our board,” Spenda chair Peter Richards said.

“He brings a new set of capabilities and global relationships to the team that I expect we can learn from and utilise as Spenda starts a new chapter in its journey.

“I am excited to be challenged by Andrew as we focus on continuing growth for Spenda.”

Previous roles

Kearnan has previously held senior, executive or non-executive director positions at leading financial service sector and investment market businesses like Bank of America, Merrill Lynch, Commonwealth Bank of Australia, Hollard Insurance and RACQ.

He was consistently rated as one of Australia's top equity market research analysts in the financial service sector during an 18-year investment banking career.

He has provided financial, strategic and capital markets advice to financial service companies across the maturity spectrum, including ASX-listed companies, under his corporate advisory business.

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