A former FinTech Australia intern, Rehan D’Almeida, is now MD, as CEO Andrew Porter resigns after just 4 months

FinTech Australia CEO Andrew Porter is stepping down as CEO less than four months after taking the top job.

FA chair Simone Joyce announced the news its Sydney-based boss had tendered his resignation today.

The member organisation’s head of Strategic Partnerships and Marketing, Rehan D’Almeida, who began at FinTech Australia as a marketing intern five years ago, has been appointed General Manager alongside his current role.

“The board has been particularly impressed with Rehan’s work. He was one of the key figures behind FinTech Australia’s growth over the past few years,” Joyce said.

“Thanks to his work, FinTech Australia has exponentially grown both its member base and its partnership program, which now boasts over 400 members and 45 corporate partners.”

The change comes just three weeks out from the Oscars of fintech, The Finnies on June 23.

Porter said he took the difficult decision to resign after realising he loves being at the startup coalface the most.

“Working with the member body of FinTech Australia has been an absolute pleasure, but has made me realise that my passion for the space really lies in building fintechs via investment or direct involvement,” he said.

“I am confident that I am leaving the organisation in great hands and wish Rehan all the best in the role of General Manager.”

Joyce said she was confident D’Almeida stewardship of the sector’s peak body will take it to new heights.

“Over the coming weeks, Rehan will be growing his team to broaden FinTech Australia’s expertise and capacity to bring increasing support and benefits to our members,” she said.

“FinTech Australia is a unique organisation performing an important role on behalf of our member base. The nature of the industry and the nuance with which we operate and advocate means that promoting people from within our team often brings the best results – results driven by people who are as passionate about and as sensitive to the needs of the fintech industry as our member companies are.”