Industry veteran, Craig Thompson, has joined rapidly growing Australian owned wealth and asset manager Real Asset Management Group (RAM) as their new Chief Technology Officer.
Thompson has worked as MA Financial Group’s Head of Technology for the past two years and was General Manager of Information Technology for MA Hotel Management for five years.
At RAM Thompson’s role is to lead’s RAM’s digital transformation journey. He will spearhead work to digitise the onboarding process for the group’s wholesale and high net worth clients and create direct access to RAM funds through new digital pathways.
RAM CEO Australia Scott Kelly said Thompson was joining the group at a time of strong growth and would be able to immediately add value as RAM continued to increase scale across the APAC and other regions.
“Craig is a highly adaptive, results-driven, and innovative technology leader with a broad range of experience across the technology fields. He holds a proven track record in developing and implementing IT strategies, unlocking new business capabilities, and solving business problems through the deployment of technology,” Kelly added.
“RAM has enjoyed successful growth over the years and being able to join the team at their expansive growth period is an exciting opportunity for anybody. RAM has the advantage of being nimble and marrying that with innovative digital capabilities, the possibilities are endless.” Thompson said.
RAM specialises in Real Estate, Credit and Private Equity markets for institutions and wealthy families globally. It opened its Australian office in 2013 and now has 5 offices in Sydney, Melbourne, Brisbane, Shanghai and Hong Kong. RAM has a team of more than 100 finance professionals managing in excess of A$2.0bn in assets.
Later this week RAM will list the RAM Essential Services Property Fund on the ASX. The Fund is expected to have a market capitalisation of $521.1 million and will initially own 33 Australian properties worth $706.3 million, split almost 50/50 between geographically diversified essential retail and medical real estate assets.