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Jay McNamara Joins Masttro as CEO, Ushering in New Growth Era
Slice of Finance Team
08 Jan
Key Highlights:
Jay McNamara appointed as CEO of Masttro, effective immediately, succeeding Padman Perumal.
McNamara brings 25+ years of expertise in financial services, including roles at MSCI Inc. and Burgiss.
Masttro’s leadership transition aligns with its mission to redefine wealth management for UHNW and HNW clients.
The company achieved significant global revenue growth in 2024, expanding its client portfolio with 75+ major additions.
Masttro leverages AI-driven solutions and cutting-edge cybersecurity to deliver unparalleled wealth management tools.
Source: Business Wire
Notable Quotes:
“Masttro is leading this tech revolution, and I’m thrilled to be part of such a talented team. I look forward to building on our successes and reaching our next stage of growth.”
“Jay’s strategic vision and deep industry expertise will be instrumental to driving our continued growth and innovation, and we extend our gratitude to Padman for his significant contributions as CEO over the last several years.”
Why This Matters:
This leadership transition marks a pivotal step in Masttro’s journey to redefine wealth management technology for ultra-high-net-worth and high-net-worth clients. With $84 trillion in wealth expected to transfer to the next generation in the coming decades, Masttro’s cutting-edge AI-driven platform positions the company to meet the growing complexity of estate management. Jay McNamara’s proven track record in scaling global businesses and delivering innovation ensures Masttro is well-equipped to maintain its leadership in the wealth tech space while driving further growth and transformation.