Republic Capital chief executive departs

Republic Capital's chief executive left the company after four months in the position.

Joining in September 2016, and having been chief executive of Resource Super for three years, Tim Baker left Republic Capital in January this year. He has previously been chief operating officer at Swita Investment Management, head of operations at Arnott Capital and a financial controller in Westpac's institutional bank.

At the time of Baker's appointment, Republic Capital non-executive chair Brian Thomas described the incoming chief executive as an experienced finance industry professional, adding: "He has established and operated superannuation funds, hedge funds and led teams of risk professionals in Australia, Asia and Europe for more than 20 years."

Although the reasons behind his departure are unknown, Financial Standard understands a new chief executive and chief financial officer have been appointed at the firm.

A new director has also been appointed: Noblemen Ventures chair and chief executive Wayne Johnson. Johnson also co-founded Chinese internet business Foocaa.

Republic Capital is a fintech group, founded by Thomas and executive director Laurence Milne, specialising in automated investments via its platform, Republic Wealth. The platform employs robo-advice, managed discretionary accounts and full-service advice.

Read more: Republic CapitalArnott CapitalBrian ThomasFinancial StandardLaurence MilneNoblemen VenturesRepublic WealthResource SuperSwita Investment ManagementTim BakerWayne JohnsonWestpac
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