In his new role, Mr Alexandratos will be responsible for the day-to-day management of core business operations, service delivery and support for the company’s user base.

Mr Alexandratos was previously general manager of solutions and IP at the IQ Group, a provider of consulting and technology services to superannuation funds and financial institutions.

“Panos has a long and highly successful track record in superannuation,” Mr Bungard said.“Having previously worked with Panos at the IQ Group, I’ve experienced first-hand his tremendous business acumen and operations management expertise.

“We’re excited to have Panos join us as a key member of the Class leadership team. He will be instrumental in helping us drive the business to the next 50,000 funds and our planned IPO,” he said.