Yeo steps back from BIML board

Booster chief executive Di Papadopoulos as a director on the Booster Investment Management Limited (BIML) Board.

She has been serving as an alternate director to Allan Yeo since her appointment as CEO earlier this year.

Recently returned from a six-month sabbatical, Yeo has stepped away from the BIML board as he focuses on his role as managing director of group parent company, Booster Financial Services which also owns payments provider Banzpay Technology.

“This is the latest step in Booster’s leadership transition as we bed in governance changes,” Papadopoulos says.

Booster has also announced new staff appointments in recent months.

“Booster is always looking at how we can best serve our clients.  Our innovative debit card and new Wealth Series investment funds are the result of this focus.”

“Our board and team are aligned around our commitment to delivering for the benefit of our clients,” Papadopoulos says.

Last week Booster’s shareholders approved a scheme of arrangement that will create a new group holding company, with court approval of this expected by December 31.  This was not part of any other transaction, but responds to the wider group activities since being founded by Allan Yeo in 1998.