IAG chief executive Peter Harmer has notified his intention to step down from his role at the end of 2020. He has been with the company since 2010 and in the role of chief executive for over five years. IAG’s chief financial officer Nick Hawkins has been promoted to deputy chief executive for Harmer’s transition period. Michelle McPherson, chief financial officer Australia has been promoted to the acting group CFO. Before joining the company, she was both CFO and deputy CFO at nib Group. Harmer will remain responsible for the strategic direction and performance of IAG throughout the transition period.
Pioneer Credit has announced its chief financial officer Leslie Crockett has resigned. Crockett had intended to step down after the completion of a project but requested his departure be brought forward. He was in his role at the company for seven years and oversaw its initial public offering. Prior to that, he was a financial controller at Mirvac and before that at Worldwide Online Printing. Pioneer Credit has commenced a search for his replacement.
Centrepoint Alliance has announced the departure of two members from its executive team. Interim chief financial officer Peter Loosmore has left the company after being in the role since December 2018. Centrepoint Alliance has commenced a search for his replacement and his responsibilities have been handed to the finance team. Chief technology and marketing officer Richard Lea has also stepped down. He will work transition his role in the coming weeks to the marketing executives who will absorb his responsibilities.
Former IOOF head of compliance and professional standards, Phil Creswell, has joined Count Financial as its head of professional standards. At IOOF, Creswell led a team of 17 compliance professionals with responsibility for 700 financial advisers. He has previously been a member of the Financial Planning Advisory Committee to the board of the Financial Ombudsman Service, and governor and secretary of the Institute of Internal Auditors. Creswell was also involved in writing the FPA’s first code of ethics and professional standards.
The Government has appointed four new members to the Takeovers Panel. Anthony Jarvis, Kristen Jung, Michael Lishman and James Stewart have been appointed to the panel. They join reappointed members Yasmin Allen, Paula Dwyer, Karen Evans-Cullen, Michelle Jablko, Ian Jackman, Christian Johnston, Rebecca Maslen-Stannage, Robert McKenzie, Diana Nicholson, Tara Page, Neil Pathak and David Williamson.