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Showing 1 - 10 of 15 results for "Generation Development Group"

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... expected to complete in the first half of this year. Earlier this year, former MLC Wealth and current Generation Development Group chair Rob Coombe was named as chair-elect ahead of the acquisition and has since been working with the business in an external ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... 55% of CFS to private equity firm KKR in May 2020. Coombe, who is the former MLC Wealth and current Generation Development Group chair was named chair-elect in March and will take the post once the deal finalises. CBA's divestment is still subject ...

Lonsec appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... Spiers was appointed the chair, replacing former chair Jeff Bresnahan. The executive changes follow Generation Development Group buying a 37% stake in Lonsec for about $20.1 million last year.

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... company that will be established on completion of its sale to KKR. Former MLC Wealth and current Generation Development Group chair Rob Coombe has been named as chair-elect ahead of KKR taking over 55% of Colonial First State. The sale is expected to ...

Lonsec chief to exit, chair welcomed

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... clients that rely on its research. Lonsec Holdings chair Jeff Bresnahan stepped down from the post when Generation Development Group acquired a 37% in the company last October. Ian Knox stepped in his place on an interim basis. Lonsec is in the process ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

Zenith hires consultants from Lonsec

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
... to advisers and their clients." Lonsec yesterday announced it would sell 37% stake to ASX-listed Generation Development Group for a total consideration of about $26 million.

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
ASX-listed Generation Development Group is set to pay about $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... standalone entity. Coombe also holds a number of other board roles, including chair of ASX-listed Generation Development Group, chair of Tibra Capital and an independent director of CIMB Group, an ASEAN universal bank. Additionally, he is deputy chair ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... announced as the duo's replacement, as he stepped down from his existing role as chief executive of Generation Development Group (GDG) to assume the position.
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