TORONTO, Jan. 23, 2023 /CNW/ – The board of administrators of Data First Monetary Inc. and the Data First Basis are happy to announce the appointment of Andrew Lo as president and CEO, efficient instantly.
With greater than 30 years of expertise within the digital and monetary companies area, Andrew brings a novel mix of revolutionary considering and monetary acumen to the corporate to assist scale the enterprise and steer the group into the longer term.
Previous to becoming a member of the group, Andrew served as president of a division of Financeit, a market-leading point-of-sale financing supplier. He was additionally the president and CEO of RATESDOTCA Group, Canada’s largest digital acquisition platform for insurance coverage and monetary companies.
“Beneath Andrew’s steerage, the longer term may be very shiny for our group and the scholars we serve,” stated Andrea Bolger, chair of the board of administrators, Data First Monetary. “With Andrew’s expertise and innovation added to the crew, we’re one step nearer to realizing our shared imaginative and prescient of offering enhanced digital capabilities and extra companies to college students in all places.”
Having beforehand held the titles of CEO, COO, CIO, CTO and CMO, Andrew is well-versed in lots of enterprise features and can deal with increasing the group’s digitally-enabled services to empower Canadians with extra entry and company over their training financial savings.
“In right this moment’s day and age, making certain Canadians have the instruments and assets they should navigate their training and grab their future is so vital, and finally, one thing that I can not wait to contribute to,” stated Andrew Lo, the incoming president and CEO. “By democratizing training and demystifying the post-secondary journey at each flip, we are going to assist households ensure they’ve the means to assist their kids and assist them notice their full potential.”
About Data First Monetary
Data First Monetary Inc. is Canada’s largest registered training financial savings plan firm. With over $6.0 billion in belongings underneath administration, the corporate is dedicated to empowering college students by giving them the assets they should financially and mentally succeed alongside their tutorial journeys. As a completely owned subsidiary of the Data First Basis, a not-for-profit Canadian company, the corporate manages over 600,000 RESPs for patrons, serving to roughly 60,000 college students by way of post-secondary research annually. Since 1965, the corporate has paid out roughly $8.2 billion to subscribers and college students by way of their plans.
SOURCE Data First Monetary Inc.
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