Financial Synergy has announced the appointment of Robert Gould to the position of Chief Executive Officer.
Gould boasts a strong background in financial services having previously worked in executive positions at RACV, BP Credit Union and ANZ.
As Financial Synergy's CEO, Gould will focus on further developing the business to achieve optimum outcomes for all stakeholders.
Financial Synergy is best known for its superannuation and investment Acurity(tm) administration software .Commenting on the appointment, Financial Synergy’s managing director, David Orford said he believed Gould’s experience and knowledge of the industry would prove invaluable o the company.
Suncorp has announced the appointment of Dr Stephen Lam to the position of General Manager Investment Management.
Lam’s appointment follows the resignation of Maurice Kluge.
Lam had previously held the positin of Chief Investment Officer with Suncorp and assumed his new role on 12 May.
Commenting on the change, Suncorp Group Executive, Bernadette Inglis, said although Kluge’s departure would be a loss, she did not envisage any significant impact on the business.
“We are confident that with Stephen at the helm, SIM will continue to grow in strength and build on its past performance.”
Lam joined Suncorp as Chief Investment Officer in January 2005, bringing with him extensive experience in portfolio management and business development. His career in investment management spans over 19 years.
HESTA has appointed Ann Drohan to the new position of Member Education and Advice Manager.
The role will involve the management of a new unit within HESTA that will focus on providing a greater level of financial information and education to HESTA members including delivering personal financial advice about super.
HESTA’s Member Education Managers and Superannuation Service Advisers in each state will progressively, in conjunction with many large and medium-size employers, be offering HESTA members access to group education sessions as well as individual advice on specific issues.
Drohan previously worked in the business development area of the fund and most recently on the Choice of Fund legislation and Work Choices implications.
A number of other internal staff changes are accompanying the addition of the new business unit.
BNP Paribas Securities Services (“BNP Paribas”), has announced the appointment of Jean-Marc Pasquet as Managing Director and Head of BNP Paribas Securities Services for Asia Pacific, including Australasia. The company has described the appointment as a sign of BNP Paribas’ commitment to the region.
It said the appointment also supported BNP Paribas’ strategic positioning for growth, by enabling Australasia to further leverage expertise and capabilities of a global provider for the benefit of local clients.
The appointment of Pasquet will take effect in August when he will relocate from BNP Paribas’ Paris office to the Sydney office to replace Gail Burke, the current Head of BNP Paribas Securities Services, Australasia. Burke in turn will assume the newly created role of Chief Operating Officer for the UK operations and will be based in London.
Pasquet is a Member of the Securities Services Executive Committee, and is currently the global Deputy Head of Product and Marketing. He is also Head of the French Territory, one of the key Securities Services
Five Oceans Asset Management has announced the appointment of Joe Kaderavek as Portfolio Manager.
Kaderavek has over 12 years’ experience in investment analysis and logistics consulting. He joins Five Oceans from Deutsche Bank Equities where he was Head of Resources.
Five Oceans’ Chief Investment Officer Chris Selth said: “Joe is extremely well regarded in the market and having worked as both an investment analyst and business consultant, he brings a strong understanding of business at an operational level to his role.”
“Joe has specialist expertise in resources and mining in Australia and offshore, and his appointment further broadens the capabilities of our existing analyst team,” continued Selth.
The industry fund has upped its investment in start-ups, helping to unlock the benefits of innovation and emerging technologies.
The chair of the Future Fund has slammed critics of the sovereign wealth’s new mandate as “factually incorrect”.
Super Review understands the Division 296 legislation could be facing the chopping block, with Labor said to be struggling to secure support ahead of the final sitting week of the year.
Deloitte Access Economics has raised concerns about the government’s recent changes to the Future Fund’s investment mandate, questioning the necessity and implications of the reforms.