1st Group Limited announced that it has appointed Joshua Mundey as its new permanent Chief Executive Officer, effective January 25, 2023. Mr. Mundey has been acting in the role of Interim CEO since October 2022. The decision to appoint Mr. Mundey in a permanent capacity has been taken by the Board as a direct result of his expressed commitment to the role, his exceptional professional track record and expertise, and the sustained focus that he has already brought to the executive leadership position.

The Board have tasked Mr. Mundey with specific short term KPI's to address the following; Obtaining an unqualified auditors opinion as part of the current 1H financial audit requirements, Removing the ASX suspension, Continuing the improvement in the company's capital position and medium to longer term business performance. Joshua has over 15 years' experience in financial services and healthcare with an in-depth understanding of the Australian healthcare industry. Mr. Mundey has 15 years of healthcare and financial services experience working in organizations such as American Express, Investec Bank and most recently as the Co-Founder and Chief Growth officer of healthcare lender Credabl.