BGI moves quickly to fill key role

BarclaysGlobalInvestors Australia (BGIA) has moved swiftly by appointing internal staffer Tim Bradbury to replace its adviser services director Michael Ohlsson, who resigned two weeks ago after nine years with the group to head up Fidelity Investments’ local operations.

Bradbury, who moves into the role immediately, has worked as a national account manager alongside Ohlsson over the past four years in developing and implementing the groups business strategy for the adviser market.

Bradbury, who has more than 12 years experience in the investment and advice industry in both funds management and financial planning, was previously responsible for a number of dealer groups the company has relationships with.

BGIA chief executive officer Justin Wood says the group had been reviewing its personnel resource capabilities prior to Ohlsson’s unexpected departure, and will look to continue this under Bradbury.

Woods cites increased support from dealer groups and financial planners as the rationale behind the impending expansion, which is set to take place over the coming months.

Earlier this month, Ohlsson was appointed managing director of Fidelity in Australia — a the role that has been vacant for the past two years — after former managing director Michael Gordon relocated to Hong Kong to become Asia-Pacific chief investment officer of the broader group.