IAG group executive Ben Bessell has announced that he will leave the company in March 2020 after more than 26 years with IAG and CGU Insurance. Bessell was previously chief executive of CGU Insurance, chief commercial officer of IAG and general manager broker and agency at CGU.
Jason Huddy has joined Zenith Investment Partners in the newly created role of chief operating officer. He joins from ARCO Investment Management where he was managing director. Prior to that, Huddy held a number of senior roles at NAB including head of sales at NAB Asset Management and spent 16 years at Macquarie Bank.
HESTA has promoted Andrew Major to the newly created role of chief risk and compliance officer. He was previously the fund’s general manager of unlisted assets and was in the role for 10 years. Prior to joining HESTA, Major was an associate director at Macquarie Bank. He is the chair of the Australian Investment Council and represents HESTA on several fund advisory boards. In addition, Joshua Parisotto has joined as chief advice officer from his position as executive manager of distribution at VicSuper. Prior to VicSuper he was Bendigo Wealth’s senior manager, advice solutions and head of practice management at IOOF. Parisotto will be responsible for leading the team that provides education and advice services in workplaces and information sessions in each state and territory, as well as over the phone and online as well as a full financial planning service.
MetLife has announced the appointment of Wendy Tse as chief of staff and external affairs. She joins from KPMG where she was a director in the superannuation advisory team. Prior to KPMG, Tse was general manager, consulting at SuperRatings. In her new role she will be responsible for advising clients on regulatory and government affairs, supporting the business in translating MetLife’s strategy for business partners, and representing the office of the chief executive across the industry.
Ardea Investment Management has appointed Laura Ryan to a newly created position as head of research. Ryan has extensive investment experience and technical skills and will be progressively expanding Ardea’s research team. She was senior vice president (quantitative research) and member of the Australian senior management team at PIMCO, manager of quantitative strategy at Commonwealth Bank, quantitative manager at AMP Capital Investors and a lecturer in statistics at the Australian National University.
Erik Bleekrode has been appointed as KPMG’s head of insurance in the Asia Pacific region. He has been with the company for 30 years and a partner since 2006. Bleekrode is based in Hong Kong and is also head of insurance for KPMG in China and leads KPMG China’s insurance accounting change practice.
Mike Radda has been appointed as co-chair of First Super. He will replace Lisa Marty who is stepping down from the board of First Super mid 2020 after seven years of service as a trustee and four years as co-chair. Radda is the Australian regional sales director at furniture company Herman Miller and has been a director of First Super for 12 years.
Westpac has announced the members of its Accountability Review Advisory Panel to review board risk governance and board accountability in relation to the issues raised in AUSTRAC’s statement of claim. Ziggy Switkowski, Kerry Schott and Colin Carter have been appointed to the panel. Switkowski is chancellor of RMIT University, chair of NBN Co and a director of Tabcorp. He was previously the chair of Suncorp, the Australian Nuclear Science and Technology Organisation and Opera Australia. He has also served as a non-executive director of Healthscope, Oil Search, Lynas and Amcor. Switkowski was also chief executive of both Telstra and Optus. Schott is the chair of the Energy Security Board and a director of NBN. She was chief executive of Sydney Water for five years and before that was managing director of Deutsche Bank and executive vice president of Bankers Trust Australia. Carter is a director of Lendlease, National Golf Club, Australian Ballet Foundation and president of the Geelong Football Club. He is one of the founding partners of The Boston Consulting Group in Australia and was a partner until 2011 but still remains an advisor.
Payment platform Splitit has announced that its co-founder Gil Don and non-executive director Michael DeFranco have stepped down from the board. Don will remain in his position as general manager, EMEA. Jan Koeble has joined as a non-executive director. He is currently chief operating officer and co-founder of Clade, a network of family offices and institutional investors in New York. Koeble was previously at Credit Suisse where he was chief operating officer for financial products in the wealth management business. Splitit chief executive Brad Paterson has been appointed to the board as managing director. Paterson joined the company in June 2019 following executive roles at Intuit, PayPal and Visa.
Keybridge Capital has announced that Simon Cato is no longer a director of the company as a result of failing to attend directors’ meetings for three consecutive months without requesting leave. Cato is now challenging this.