A former cabinet minister in the Rudd and Gillard governments was appointed to Sargon's board.
Stephen Conroy has joined as a non-executive director at Sargon, as the firm embarks on its next growth phase.
Commenting on Conroy's appointment, Sargon chief executive Phillip Kingston said the experiences of the former Minister for Broadband, Communications and the Digital Economy would prove "invaluable" to the firm.
"Particularly given the complex and ever-changing regulatory environment in which we operate," Kingston said.
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"Stephen has a rare combination of finance and technology skills, along with a deep understanding of Australia's regulatory and policy settings and the evolving nature of superannuation."
Conroy described his appointment to as "the perfect capstone" to his prior experiences, noting the considerable time he spent in parliament focusing on both superannuation and technology.
"The intersection of technology and financial services is where I plan to focus in this next stage of my career," Conroy said.
"Sargon is an exciting, homegrown fintech company. It's independent and not beholden to or aligned with a financial institution, or any particular retail or industry fund. It's not burdened by legacy systems or a culture that has failed customers. It's purpose-built to serve members' best interests.
He added that he is delighted to have the opportunity to be part of what he described as an "impactful business" seeking to "revolutionise the industry".