MyState chief executive Melos Sulicich has announced his resignation and will be leaving in July 2020. Sulicich has been in the position since 2014 and has overseen growth in the business, doubling the banking loan book to over $5 billion and leading the bank’s digital transformation. Prior to joining MyState, Sulicich was chief executive of RAMS Financial Corporation and general manager, cleaning services at Spotless Group. MyState will soon commence the search for his replacement.
Aurora Funds Management chief financial officer, Adrian Tilley, has resigned to work in his family business in Victoria. Mark Briglia has been appointed to take over the position. He joins from Australian Energy Market Operator where he was chief financial officer and group manager. Prior to this he was general manager of strategic finance business partnering at Jemena. Briglia will also replace Tilley as the internal member of Aurora’s Compliance Committee.
Generation Development Group (GDG) has announced the resignation of Catherine van der Veen and Lucy Foster as the joint chief executives of GDG subsidiary Generation Life. Van der Veen and Foster have shared the position since January 2018 and prior to that both held executive positions at Commonwealth Bank. Grant Hackett has stepped down from his role as chief executive of GDG and will assume the position of chief executive of Generation Life. Prior to joining GDG, Hackett held executive roles at Westpac and was most recently head of priority markets. The role of chief executive at GDG will remain vacant and not be filled. Felipe Araujo has been appointed as a director of Generation Life. He is currently the general manager of distribution at Generation Life and is a director of the Australia Brazil Chamber of Commerce.
Acadian Asset Management has appointed Mark Mukundan to the newly-created role of vice president product and wholesale markets. He joins from Colonial First State where was executive manager deposits and investment products. Prior to that he was a product manager at Macquarie Global Investments. Mukundan will be the fifth team member in Australia.
Xplore Wealth has appointed Durand Oliver as distribution manager. He was previously business development manager at HUB24, Pathway Licensee Services and Netwealth. Oliver will be responsible for promoting the company’s client-centric platform solutions and the benefits of Xplore Wealth’s regulatory expertise to the advice market.
Crestone Wealth Management has announced two appointments in its Melbourne office.
Greg Tripis has joined as an investment advisor from his position as senior investment adviser at Commonwealth Bank where he spent the last 13 years. Nick Mandie has been appointed as an investment adviser. Mandie joins from Ord Minnett where he was a private client advisor. Crestone’s new hires brings the total adviser base in the firm to 80
InPayTech has appointed Sandra Barns as a non-executive director. Barns has extensive experience in financial services and is currently the chief technology officer and chief information security officer at VicSuper. Prior to that she was chief technology and security officer at AustralianSuper and head of risk, enterprise information and data services at NAB. Barns was previously a director at healthAbility, Nillumbik Health and International Women’s Federation of Commerce and Industry.
The Financial Adviser Standards and Ethics Authority (FASEA) has announced the resignation of Catriona Lowe as a director of the standards authority. Lowe was an inaugural member and recently chair of the audit and risk management committee. Lowe will commence a new role as a full-time member of the Australian Energy Regulator.
Robert Woods has been appointed as a director of the Australian Stock Exchange (ASX). He was previously the chief executive of strategy at Challenger and chief executive of Challenger’s funds management and asset management businesses. Woods has been chair of ASX subsidiary clearing and settlement boards and will be replaced by Stephen Knight. Knight has been a member of the ASX Clear and Settlement since June 2019 and was formerly the chief executive of NSW Treasury Corporation. Carolyn Colley has been appointed as a director of ASX subsidiary clearing and settlement boards. She is the co-founder and chief operating officer of software-as-a-service platform Faethm. Colley is also a director of OnePath Custodians, Oasis Fund Management and Smartgroup Corporation.