Goldfields Money Limited announced that Mr. Simon Lyons is to be appointed as its next CEO commencing on January 18, 2016. Simon Lyons is a former Army Officer but has been involved in the day to day management of financial services businesses for over twenty years. He was a Director and shareholder of Porter Western Limited when the business was sold to Macquarie Bank in 1999.

He became the State Manager for Macquarie Bank and a Division Director for the Macquarie Group. Simon went on to become the Head of Macquarie Private Wealth in Asia before leaving Macquarie in 2008 to set up a new business. The appointment of the new Chief Executive Officer as well as the selection of two new experienced Directors in Messrs.'

Derek La Ferla and Peter Hall now completes the rejuvenation process outlined to the market in earlier updates. The new board and management team will now work tirelessly to build value for shareholders as quickly as possible.