Browne quits CFS for CommInsure

colonial-first-state/

15 June 2010
| By Lucinda Beaman |
image
image
expand image

Tim Browne has left his position as head of advice delivery for Colonial First State (CFS) to take up the newly created role of general manager, retail advice, for CommInsure.

Browne was named head of advice delivery for CFS in December last year, prior to which he was known from his time as general manager of Commonwealth Bank-owned dealer group Financial Wisdom.

Browne’s appointment is part of a broader restructure of the CommInsure business, with the group announcing the creation of four new general manager roles along the business lines of retail advice, wholesale life, direct life and super and investments.

As general manager, retail advice, Browne will be responsible for CommInsure’s retail risk product range, its advice distribution team as well as the group’s technical, sales, and training support for advisers and dealer groups.

Greg Ballard, CommInsure’s general manager of investments has been confirmed as general manager of superannuation and investments, responsible for CommInsure’s $20 billion in personal super and investment products.

Gareth Newton, CommInsure’s general manager of business services has been appointed general manager of direct life.

The group is yet to announce who will take the role of general manager, wholesale life.

The restructure was announced by CommInsure managing director, Paul Rayson, who was appointed to that role last year following Simon Swanson’s departure.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 16 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND