Aust Unity shrugs off staff losses
Australian Unity is shrugging off the loss of its NSW state manager, a BDM in Queensland and its well-respected property expert, Paul Noonan, who was responsible for property securities and the healthcare property fund.
The three departures have occurred in the past couple of weeks and managing director Mark Sibree says they were all unrelated.
"Our business development manager Greg Fuzi was poached by a rival, NSW state manager John Carnohan has resigned, as has Paul Noonan," Sibree says.
"It was a bit of a loss to lose Paul, but we have recruited a replacement from within the property management industry."
Sibree says the property team is now back to full strength, headed by the recently appointed Tory Richards.
Australian Unity is also looking to build business development teams for its general insurance business.
Sibree confirmed the company was looking for business development staff to cover the Queensland, New South Wales and Victorian markets as this side of the business continues to grow.
Recommended for you
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.
