Bedbrook seeks new challenge
ING Australia chief executive Paul Bedbrook has announced he will be leaving Australia, and the local business, next year to take up the role of regional chief executive of ING Insurance Asia/Pacific.
Based in Hong Kong, Bedbrook’s new role will give him responsibility for Australia, New Zealand, Japan, and Malaysia, as well as regional responsibility for bancassurance.
He will also have overall responsibility for ING’s 51 per cent interest in ING Australia, the wealth management joint venture formed in 2002 between ING Group and ANZ Bank.
A replacement is currently being sought, with ING reviewing a shortlist of both offshore ING candidates and local external options.
Recommended for you
The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.