SYDNEY, AUSTRALIA: ARC Funds Ltd has appointed Scott Beeton, as Chief Executive Officer of ARC with effect from 12 March 2024.

Scott is a successful entrepreneur who has founded several successful start-up and growth businesses predominantly in the financial services sector, including founding Sequoia Financial Group (ASX:SEQ) and taking the business through to a public listing.

He has over 20 years of management experience having held senior roles across superannuation, funds management,
stockbroking, AFSL dealer services, financial advice and fintech.

Prior to joining ARC, Scott was an executive at Finexia Financial Group Ltd (ASX:FNX), non-executive director of Registry Direct Limited (acquired by Complii Fintech Solutions Ltd) and Founder, Managing Director & CEO of Sequoia Financial Group Ltd for 14 years.

Scott holds a Bachelor of Business from the University of Newcastle and a Diploma of Financial Services (Financial Planning).
With Scott’s appointment as CEO, Harley Grosser, the current Managing Director will move to a non-executive director role.

Harley Grosser said “It is a significant win for ARC and our shareholders to secure Scott Beeton as our CEO. He brings a wealth of experience, skillsets and networks that I believe will prove beneficial for ARC as we continue to focus on our growth strategy in funds management and adjacent services.
He has a unique blend of public company experience and entrepreneurial track record that is perfectly aligned with where ARC is in its development and growth story.

I’m excited to work alongside Scott as he takes the reins as CEO, and I step into a non-executive role.”