Boonzaier to step down at Tower…
Long servingTower Limitedgroup managing director James Boonzaier has announced his retirement after being with the group for 12 years and will leave at the end of July.
The announcement was made by the chair of Tower Limited Colin Beyer who says the board was appreciative of the efforts of Boonzaier since he joined the group in 1990.
Since that time the group has moved from being a New Zealand based mutual life business to a financial services group operating in the Australian and New Zealand market and listed on both the Australian and New Zealand Stock Exchanges.
Tower Limited has spent much of the past decade moving into and expanding its presence in Australia which now accounts for 70 per cent of the group’s business.
The search for a replacement has begun with the group stating it would look internationally for a candidate and that in the interim Keith Taylor, currently Tower Limited’s Group Chief Financial Officer, would act as group chief executive.
AUTHOR
Jason Spits
Recommended for you
Far too few wealth managers are capitalising on the opportunity presented by disruptive technology to deliver personalised investment solutions to the mass affluent demographic, according to PwC.
With over half of advisers using managed accounts, HUB24’s head of managed portfolios has unpacked the benefits driving their usage and how they can be leveraged by advice practices.
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
ASX-listed platforms HUB24, Netwealth, and Praemium have used their AGMs to detail how they are using artificial intelligence to improve their processes and the innovative opportunities it presents.
