Financial comparison site, RateCity (www.ratecity.com.au), enters a new phase of the business, as CEO Alex Parsons transitions into a new role with one of the shareholders after 18 months at the helm.

Alex has been instrumental in his role as CEO, and has lead a significant period of growth for the business over the last 18 months.

“I have been involved with RateCity for a number of years both as a director and more recently as the CEO. During my time there I have been fortunate to work with some incredibly talented people and an inspiring team. I look forward to seeing RateCity continue to go from strength to strength in the coming years,” he said.

Alex will remain on the board of RateCity.com.au as part of his new role with Nine Entertainment group, so will still be very much involved in the continued success of the business.

“I am looking forward to continue to work with the RateCity business, albeit in a different capacity, as they help make Australian’s smarter by comparison.”

Alex will be transitioning into his new role over the coming weeks and in that time we’ll have further announcements about the new phase of leadership at RateCity.