Australian Ethical expands its team

Oksana Patron

13 February 2023

Australian Ethical has announced two senior appointments of Mellanie Lumby as general counsel and Michelle Wigglesworth as senior equities analyst.

Chief Executive Offer John McMurdo said the appointments were in line with Australian Ethical’s commitment to attracting the best talent.

Lumby, who will lead in her new role the legal team at Australian Ethical, has extensive financial services legal expertise with specialist skills in funds management with 17 years of professional experience in both Australia and the UK, the firm said.

She previously served in senior legal roles at AMP Capital Investors, Challenger Financial Services Group and Principal Global Investors.

Following this,  in her new role will work closely with portfolio managers to drive performance for Australian Ethical’s investors.

She also brings more than 17 years of experience in funds management, with a background in conducting detailed fundamental research and valuation of Australian Equities.

Most recently, Wigglesworth served as an investment manager and analyst at Washington H. Soul Pattinson and Milton Corporation. Her expertise covers ASX-listed banks, real estate, insurance, diversified financials and technology.

These two new senior hires followed the recent appointment of chief technology officer, Conrad Tsang in November 2022.

“As more Australians seek responsible investment options they can trust, Australian Ethical is focussed on transforming into a larger and more impactful business,” McMurdo commented.

“One of the most important parts of that is investing in the right people that will enable us to deliver the best possible results for our current investors as well as to scale up to meet the rising demand for ethical investing.”