ETF firm appoints Australia CEO

Yasmine Raso

Senior Journalist, Financial Newswire

26 September 2022

As part of its Australian brand refresh announced last week, Global X ETFs – formerly known as ETF Securities – has now appointed previous Head of Product Evan Metcalf to the Australian chief executive role of the new firm.

This comes after ETF Securities Australia was acquired by Global X ETFs in June, with the company looking to continue cementing its presence in the Australian market.

Metcalf will be responsible for continuing the legacy of Global X ETFs in Australia through its focuses on “quality research, a strong balance sheet” and a visible track record of providing products designed to benefit clients and meet their investment needs.

“We have the utmost confidence that Evan’s previous success and expertise in this market will help to advance our goals here in Australia as we look to create opportunities for our clients and expand our offering, creating an Australian ETF powerhouse,” Luis Berruga, Global CEO of Global X ETFs, said.

“We are excited to partner with such a strong industry veteran. Evan’s charismatic leadership will act as a catalyst for our aspirations in the Australian market. The Mirae Asset group looks forward to the accomplishments that Evan and the Global X ETFs team will achieve in the near future,” Young Kim, Head of the Global Business Unit at Mirae Global Investments – of which Global X ETFs is a member – said.

Metcalf said he was looking forward to taking on the responsibilities of leading the Australian arm of the Global X ETFs business.

“I’m delighted to be stepping into this role, having worked across a range of international financial services roles for over 20 years,” he said.

“Global X ETFs’ focus on product design, innovation, and investor-driven market access, as well as its suite of ETF products across key segments of thematic investing, income and commodities backed by in-depth research, is like no other offering in this market.

“I look forward to partnering with all areas of the Global X global business to drive further growth and bring more products to Australia building on our global heritage and strong investor-centric approach.”