POWERED BY MOMENTUM MEDIA
Geoff Lloyd appointed MLC CEO
Former Perpetual chief executive and managing director Geoff Lloyd has been appointed the new CEO of MLC, effective 1 September 2018.
The appointment follows National Australia Bank’s announcement in May that it will be exiting its Advice, Platform & Superannuation and Asset management businesses, currently operating under MLC and other brands, to allow a focus on a simpler wealth offering through nabtrade and JBWere.
In his new role, Lloyd will report directly to NAB CEO Andrew Thorburn.
“Geoff is a standout leader and the right person to lead through the transaction, establish a new standalone business and build it for the future,” Thorburn said.
Thorburn said Lloyd is a highly regarded executive with a proven track record of delivery, having successfully driven a major turnaround program at Perpetual through a period of significant structural change.
“The core MLC wealth management business is strong with great prospects and I am confident Geoff will not just assist in a successful transaction but also help realise the full potential of the new business,” he said.
Recommended for you
The research house has hired an experienced product specialist for its Australasian team.
An experienced communications specialist is joining the industry group in a newly created role.
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership.
The $300 billion fund has appointed a new CRO to drive its governance capabilities.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
