GBST MD to retire

17 September 2015
| By Jassmyn |
image
image
expand image

GBST's managing director and chief executive, Stephen Lake, has announced he will be retiring after 14 years at the helm.

The wealth administration and software for capital markets provider said Lake will be fully involved in the selection of a successor and handing over his responsibilities.

Lake has served GBST since 2001 and will leave the company in 2016 when the handover is complete.

GBST chairman, John Puttick, said: "Stephen has made an enormous contribution both through his strategy which has enabled GBST to become an international company, and securing some of the world's top banking institutions and financial services companies as long-term clients."

"He now believes that the time is right to transition to a new senior executive to lead the company's further global expansion, and we wish him well for the future," he said.

Puttick said the board had appointed a leading international executive search firm and will be reviewing a list of internal and external candidates in Australia and internationally.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 3 months ago
Kevin Gorman

Super director remuneration ...

1 year 3 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 3 months ago

Shadow treasurer Angus Taylor has vowed to slash red tape and introduce a suite of financial services reforms aimed at transforming Australia into a leading financial hub...

1 hour ago

Deglobalisation is emerging as a major driver of infrastructure debt opportunities as regions onshore vital industries, a superannuation fund-owned manager has said....

1 hour ago

Australian superannuation funds are grappling with heightened global instability, as US policy shifts create a volatile backdrop for investment strategies....

1 hour ago

TOP PERFORMING FUNDS