Broking industry veteran Craig Mason is going to run BBY

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Craig Mason, a former non-executive chairman of Pershing Securities, has been appointed the CEO of BBY, being rebuilt after going into adminsitration.

Mason, who last year was inducted into the Stockbrokers Hall of Fame, says he’s excited about building the business in Australia and growing BBY into Asia.

“Our focus will be on delivering to our clients quality service and a broader product offering – with a reduced risk profile,” he says.

George Wang’s AIMS Financial picked up what was left of BBY after it went into administration on May 18 under the weight of liabilities from options trading.

Wang says: “Craig’s respected industry standing and his expertise in delivering high quality broking services, while running conservative risk management operations, combine to make him the ideal candidate.”

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