ARC Funds Limited advised that the current Chief Executive Officer of the Company, Mr. Scott Beeton has been appointed to the role of Managing Director effective July 1, 2024. Scott joined the Company as CEO on March 2024 and is now also a substantial shareholder of the Company. Scott is a successful entrepreneur who founded several start-up and growth businesses predominantly in the financial services sector, including founding Sequoia Financial Group and taking it 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, non-executive director of Registry Direct Limited (acquired by Complii Fintech Solutions Ltd) and Founder Managing Director and 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).