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Executive Appointments

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INGIM cuts jobs before takeover

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ING Investment Management is cutting staff numbers in the lead up to its takeover by UBS Asset Management, with estimates at 36 staff cuts to date.

Challenger creates new investment head

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
Challenger has landed industry heavyweight, Geoff Stewart, for its newly-created role as head of investment research where he will provide portfolio construction insights into the group's ten boutique fund manager offerings.

Westpac Group executive team changes

RACHEL DAVIS  |  TUESDAY, 20 SEP 2011
Westpac Group chief executive, Gail Kelly, today announced changes to her executive team with chief strategy officer, Jon Nicholson, moving to a part-time role.

QIC funds head departs amid restructure

MATT WOODINGTON  |  TUESDAY, 20 SEP 2011
QIC is to change the management structure of its funds management business, which will see the current head Hazel McNeilage depart the company by the end of the year.

AUI names four senior appointments

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
Australian Unity Investments has named four senior appointments as part of its expansion campaign, including the creation of a new role.

JP Morgan head Perry resigns

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
Jane Perry, JP Morgan's head of Worldwide Securities Services, Australia & New Zealand, will leave the firm this year to pursue new opportunities in the local market. Her replacement has already been appointed.

FSC elects deputy chairman

RACHEL DAVIS  |  MONDAY, 19 SEP 2011
The Financial Services Council has elected a new deputy chairman following the recent resignation from the board by former AllianceBernstein Australia chief executive, Michael Bargholz.

Hastings appoints new chief executive

RACHEL DAVIS  |  MONDAY, 19 SEP 2011
Hastings Funds Management, owned by Westpac, has appointed Andrew Day as its new chief executive.

Spring lands CBA wealth head role

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Annabel Spring has been appointed as Commonwealth Bank's new head of wealth management, replacing Grahame Petersen who will now lead the business and private banking division.

Gender diversity falls under hiring pressure

ELISE BURGESS  |  FRIDAY, 16 SEP 2011
Hiring pressures are impacting heavily on gender diversity as financial firms focus more on filling a position quickly, rather than on reaching an equal gender balance, according to a recent roundtable in Sydney.