Managing Director Calvin Ng joins portfolio company BNK as Director

Aura Group is pleased to announce the appointment of Calvin Ng, as a Non-Independent Non-Executive Director to portfolio company BNK Banking Corporation.



Aura Group is pleased to announce the appointment of Managing Director, Calvin Ng, as a Non-Independent Non-Executive Director to portfolio company BNK Banking Corporation, (comprising Finsure, Better Choice Home Loans and BNK Bank).  

Finsure was co-founded by Aura Group Chairman, John Kolenda and Managing Director Calvin Ng, which later merged with ASX listed Goldfields Money Limited in 2018 to create BNK Banking Corporation Limited (ASX:BBC). Aura Group was an early investor and advisor to Finsure Group including its merger with Goldfields Money. 

He is also joined by Ms Michelle Guthrie as an Independent Non-Executive Director. 

Michelle Guthrie has had an extensive career in media, entertainment, funds management, technology and professional services spanning more than 30 years, in both executive and non-executive roles.  Ms Guthrie was Managing Director of the Australian Broadcasting Corporation (ABC) between 2016 and 2018. Prior to that, Ms Guthrie held senior management roles at leading media and technology companies in Australia, the UK and Asia, including BSkyB, Star TV and Google. Ms Guthrie spent several years as an equity adviser and investor for Providence Equity covering Asia Pacific, before moving to Singapore for a senior role as Managing Director, Agencies APAC, at Google. Ms Guthrie commenced her working career at Allen, Allen & Hemsley and holds a Bachelor of Arts and Law (Sydney).  She is currently a non-executive director of StarHub Limited, Hoppr Limited, Catapult Group International Limited and Mighty Kingdom Limited. 

Calvin Ng has significant investment banking, mergers & acquisitions and funds management experience.  He is a co-founder and Managing Director of Aura Group, a fast growing funds and wealth management firm managing and advising over A$850m in assets.  He is also a co-founder of Finsure, which merged with Goldfields Money Limited in 2018 to form BNK.  Calvin’s listed company experience includes 6 years as a director of Catapult from 2014 to 2019 where he played an integral role in Catapult’s IPO and ongoing capital management and M&A activities. Since the merger of Finsure and Goldfields, Calvin has consulted to BNK supporting capital management initiatives and the implementation of the Group’s securitisation warehouse arrangements. Calvin holds a Bachelor of Commerce and Bachelor of Laws (UNSW) and was admitted to practice in the Supreme Court of NSW in 2010. He is currently a non-executive director of Integrated Portfolio Solutions Pty Ltd, Institchu Holdings Pty Ltd and Bullion Asset Management Services Pte Ltd. 

Calvin said, “I am honoured and excited to be joining the Board of BNK Bank alongside business titan Michelle Guthrie. As one of the younger generation of directors of an Australian bank and one of the few of Asian descent, I hope to bring new and more diverse views and perspectives to banking in Australia and serve shareholders well.”

Commenting on the appointments, BNK Chairman Don Koch said, “We are pleased to welcome Michelle and Calvin to the Board of BNK. They both have extensive experience as listed company directors and will enhance the diversity of skills and experience of the Board as it guides the Group on its growth journey.”  

Aura Group is proud to have been associated with the Finsure aggregation business since its inception and remains a supportive shareholder of BNK Group.

Important information

This information is for accredited, qualified, institutional, wholesale or sophisticated investors only and is provided by Aura Group and related entities and is only for information and general news purposes. It does not constitute an offer or invitation of any sort in any jurisdiction. Moreover, the information in this document will not affect Aura Group’s investment strategy for any funds in any way. The information and opinions in this document have been derived from or reached from sources believed in good faith to be reliable but have not been independently verified. Aura Group makes no guarantee, representation or warranty, express or implied, and accepts no responsibility or liability for the accuracy or completeness of this information. No reliance should be placed on any assumptions, forecasts, projections, estimates or prospects contained within this document. You should not construe any such information or any material, as legal, tax, investment, financial, or other advice. This information is intended for distribution only in those jurisdictions and to those persons where and to whom it may be lawfully distributed. All information is of a general nature and does not address the personal circumstances of any particular individual or entity. The views and opinions expressed in this material are those of the author as of the date indicated and any such views are subject to change at any time based upon market or other conditions. The information may contain certain statements deemed to be forward-looking statements, including statements that address results or developments that Aura expects or anticipates may occur in the future. Any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected in the forward-looking statements. This information is for the use of only those persons to whom it is given. If you are not the intended recipient, you must not disclose, redistribute or use the information in any way.

Aura Group subsidiaries issuing this information include Aura Group (Singapore) Pte Ltd (Registration No. 201537140R) which is regulated by the Monetary Authority of Singapore as a holder of a Capital Markets Services Licence, and Aura Capital Pty Ltd (ACN 143 700 887) Australian Financial Services Licence 366230 holder in Australia.

Similar posts

Get the Latest News & Insights from Aura Group

Subscribe to News & Insights to stay up to date with all things Aura Group.