Xplore Wealth has appointed general manager of BT Financial Advice Michael Wright as its chief executive. Wright has over 21 years’ experience in banking and advice and was previously general manager of Westpac Financial Planning in Queensland, general manager of Westpac retail banking in Queensland and ANZ’s general manager of retail banking for New South Wales and Australian Capital Territory.
InPayTech has promoted its head of customer experience Dean Martin to chief executive. He takes over from Robin Beauchamp who stepped down earlier in the year to focus on his role as chief technology officer. Martin has over 12 years’ experience in financial services and was national business development manager at InPayTech’s predecessor Payment Advisor, where he contributed to submissions made to the Cooper Review of Superannuation. Prior to this, Martin held positions at Macquarie Bank, Cuscal, CEB and Telstra.
AMP’s chief financial officer (CFO) designate John Patrick Moorhead has resigned from the group to pursue opportunities. His resignation comes after difficulties with the sale AMP’s life insurance division to Resolution Life. Moorhead was expected to take over the role from Gordon Lefevre on 1 October, four months after his original 1 June start date. AMP’s deputy CFO, James Georgeson, has been appointed as acting CFO and will commence the handover with Lefevre immediately.
Neobank Xinja has appointed John Pountain as its chief technology officer (CTO). He joins from digital consultant Excelian where he was also CTO and prior to that worked at New York-based neobank Moven, BT Financial, Macquarie Group and Commonwealth Bank.
IAG has announced Peter Horton will take on the role of group general counsel at the end of 2019. He joins from Transgrid where he was the executive manager legal, governance and risk. Prior to this he was group general counsel and company secretary at QBE Insurance and Woolworths.
Thorn Group which owns Radio Rentals and provides consumer and commercial financing solutions has announced the resignation of its chief executive Tim Luce, who has been there sinceFebruary 2018. Luce will stay on during the recruitment process and will assist the board through a strategic review. The news comes at the same time as the company announcing its outlook remains challenging as its revenue declines.
Bank of Queensland (BOQ) has announced non-executive director and chair of the human resources and remuneration committee, David Willis, will retire at the board’s annual general meeting in December. Willis has held the position since 2010 and will remain a non-executive director of BOQ’s insurance subsidiaries, St Andrew’s Australia Services, St Andrew’s Life Insurance and St Andrew’s Insurance.
Epoch Investment Partners has appointed Eddy Schipper to the newly created role of managing director of client relations and business development in Australia and New Zealand. He joins from Nikko Asset Management where he was head of distribution and prior to that was executive director of business development at Industry Fund Managements. Bennelong Funds Management has made two internal promotions to its senior team. Ella Tassi has been promoted to the role of chief marketing officer from her position as head of marketing. Prior to joining Bennelong in 2008, Tassi was senior marketing manager at IOOF and held marketing roles at National Australia Bank and AXA Australia. Nicole Hammond has been promoted to the newly-created head of client experience position. She joined Bennelong as a senior fund accountant and became head of investment operations before her recent promotion. Prior to Bennelong she was a fund accountant at Aviva and Mercer.