DASH Technology chief executive Andrew Whelan has announced he will step down after\u00a0nearly six\u00a0years in the role.<\/b>\u00a0<\/p>\n
On Friday, Whelan announced in a LinkedIn post that he\u00a0was \u201cmoving on from DASH to pursue a new adventure\u201d.\u00a0<\/p>\n
Whelan joined the business in 2021\u00a0\u2013\u00a0at which time it was still\u00a0operating\u00a0as WealthO2\u00a0\u2013 as chief distribution officer and has\u00a0spent the last five-and-a-half years building it\u00a0from a start up to a key fintech provider in the financial advice sector.\u00a0<\/p>\n
According to his post, DASH has grown its funds under administration (FUA) by 10 times since he took the helm in late 2021 and now has six times the revenue and staff.\u00a0<\/p>\n
\u201cEvery milestone we hit was the result of people showing up, adapting, solving\u00a0problems\u00a0and putting clients first, even when it\u00a0wasn\u2019t\u00a0easy. To everyone at DASH \u2013 thank you,\u201d Whelan said in his\u00a0LinkedIn\u00a0post.\u00a0<\/p>\n
\u201cWe\u2019ve\u00a0been lucky to work with some of the most impressive businesses as clients and partners from financial advisers through to industry funds. And while we\u00a0haven\u2019t\u00a0been perfect at times, the support we have received has been far above expectations and we\u00a0can\u2019t\u00a0thank you enough.\u201d\u00a0<\/p>\n
DASH confirmed the move to Money Management,\u00a0stating\u00a0that he has stepped down as CEO and the board has \u201ccommenced a formal search process to appoint a permanent CEO\u201d.\u00a0<\/p>\n
\u201cIn the interim, executive director Darren Pettiona will assume the role of interim CEO, ensuring continuity for clients, partners, and staff while the recruitment process is completed,\u201d it told Money Management.\u00a0<\/p>\n
\u201cThe board\u00a0remains\u00a0focused on executing DASH\u2019s strategic growth plans and is confident the business is well positioned for continued success under its experienced leadership team.\u00a0<\/p>\n
\u201cHaving guided the company through a significant period of growth and innovation, Andrew leaves\u00a0a strong foundation\u00a0for the next phase of DASH\u2019s development.\u201d\u00a0<\/p>\n
Pettiona also joined DASH in January 2021<\/a>\u00a0as executive director, strategy. He is also the chair of ROAR Software and director of Midas, as well as the founder of HUB24.\u00a0<\/p>\n DASH confirmed that Whelan gave his notice two months prior to his leaving, though the reason for his leaving is still unclear at this time.<\/p>\n Money Management contacted Whelan for a comment but has yet to respond.\u00a0<\/p>\n The announcement does come at an interesting time for the business, which just signed a deal with the Association of Independently Owned Financial Professionals (AIOFP) last month.\u00a0<\/p>\n In late May, the association signed a head of agreement with DASH to launch a white label platform \u2013 Foundation Adviser Wrap \u2013 a decision the AIOFP said was in response to member concerns\u00a0regarding the security of their businesses and client relationships, citing moves from major platforms to restrict access for certain dealer groups, pointing the finger at Macquarie, Netwealth and HUB24.\u00a0<\/p>\n Following a \u201cmulti-month review of potential platform parters\u201d,\u00a0DASH was selected for its ability to support both advisers and their clients and\u00a0maintaining\u00a0critical governance frameworks.\u00a0<\/p>\n The technology firm also received a $5 million cash injection from capital fund\u00a0Bailador\u00a0Technology in March\u00a0building\u00a0on\u00a0an existing relationship which saw\u00a0Bailador\u00a0invest $20 million in July 2024 as well as a\u00a0subsequent\u00a0$10 million in October 2024<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"DASH Technology chief executive Andrew Whelan has announced he will step down after\u00a0nearly six\u00a0years in the role.\u00a0 On…\n","protected":false},"author":2,"featured_media":516261,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[67365,79,4288,99986,18,18421,11064,19,17,234,235,3306],"class_list":["post-516260","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-appointment","tag-business","tag-ceo","tag-dash","tag-eire","tag-fintech","tag-hire","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance","tag-resignation"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116685519207957106","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/516260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=516260"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/516260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/516261"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=516260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=516260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=516260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}