Cuffe departs Challenger

15 February 2006
| By Zoe Fielding |

By Zoe Fielding

ChallengerWealthManagement chief executive Chris Cuffe will step down from his role on June 30 this year to pursue more altruistic interests.

Cuffe, a well-known veteran of the financial services industry, will continue to work part-time for Challenger, providing input to the development of the group’s funds management business and financial planning arm, Genesys Wealth Advisers.

From July, Cuffe will also take on a role with Opportunity International Australia, which provides poor entrepreneurs in developing countries with access to capital, financial services and enterprise development services to start and expand small businesses.

Cuffe will lead the development of Opportunity International’s global microfinance investment strategy and manage microfinance investments in select Asian and African countries. He will also assist the organisation with raising investment capital and managing strategic partnerships.

Cuffe has led the Challenger Wealth Management business since August 2004. He also spent 12 years as chief executive of ColonialFirst State Investments.

Rob Adams, current deputy chief executive of Challenger Wealth Management and general manager, investments for Challenger’s funds management business, will succeed Cuffe as Challenger Wealth Management chief executive.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 2 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 3 days ago