MEDIA RELEASE: Financial technology business, Padua Solutions, has appointed Steve Toth into the newly created position of head of sales, distribution and account management.

Padua provides SaaS and tech-enabled services to financial advisers which leads to significant time and cost efficiencies for financial advisory practices.

Commenting on the appointment of Mr Toth, co-founder and co-CEO, Matthew Esler, said: “Steve’s appointment reflects both the growth of the Padua business and the financial services industry’s demand for quality software and services.

“Steve will be responsible for driving Padua’s sales efforts and creating strategic growth opportunities.

“Along with his technical experience, he also has strong skills in stakeholder engagement, and will continue to build relationships with clients, both existing and prospective.

“The appointment will further strengthen our sales capabilities and provide a level of seniority and strategy at a time of great opportunity in the Australian financial advice market,” he said.

Mr Toth joins the fintech business with experience across several industries, and has previously been head of sales for companies including Kayo Sports, Startel, Airtasker and Amaysim.

The appointment of Mr Toth is the latest in a series of senior hires, with the recent appointment of senior research analyst, Kristen Brown, and GM – sales, Michael Lagudi. Head of technical advice, Rudy Haddad, and head of marketing, Kun Singh, also joined the firm earlier this year.