Global X ETFs Australia’s CEO Evan Metcalf to step down

Global X ETFs Australia’s CEO Evan Metcalf to step down

Global X ETFs Australia have today announced that Chief Executive Officer Evan Metcalf (pictured) has decided to step down from his role following a decade with the firm. Metcalf will remain at Global X until the end of October 2024 while the business transitions his responsibilities and takes steps to appoint a new CEO.

Oliver Reynolds, Chief Operating Officer, and Manny Damianakis, Head of Sales, will oversee day-to-day operations while Metcalf will support the handover of his responsibilities and continue to work on some ongoing projects.

Metcalf joined Global X (formerly ETF Securities) in 2014 and has held several roles during this time including Head of Operations, Co-Head of Portfolio Management, and Head of Product before being appointed as CEO in 2022 following the acquisition of ETF Securities by Mirae Asset. Under his leadership, Global X has launched 19 new funds and increased assets under management by AUD$3 billion.

Commenting on the news, Metcalf said, “We have reached many significant milestones during my time at Global X and I’m incredibly proud of everything we’ve accomplished. I have the utmost confidence in the future of the firm, and I want to thank our team for their hard work and commitment to delivering innovative and client-led solutions for investors.”

Young Kim, Head of the Global Business Unit at Mirae Asset, thanked Evan for his contribution to Global X.

“Evan performed a pivotal leadership function during his tenure as CEO, establishing a strong foundation for Global X Australia and reinforcing the firm’s position as a leading provider of innovative and disruptive investment solutions. On behalf of Global X and Mirae Asset, I want to thank Evan for his leadership and dedication to the firm. We are grateful for Evan’s contribution to Global X and wish him all the best in his future endeavours,” Kim said.

Global X have commenced steps to appoint Metcalf’s replacement and are looking forward to welcoming a new leader to the business. Global X remains committed to delivering the same level of excellence and innovation that our team, customers and partners expect.