Elders restructures management
Elders has restructured its separate corporate and operational management into a single integrated management team.
Some senior management roles will be made redundant while others have gained broader responsibilities.
The new structure will incorporate changes from the forthcoming sale of Elders’ insurance operations to QBE.
The restructure has created the role of chief operating officer, which will be filled by Mike Guerin, currently the managing director of Elders Rural Services, and chief information officer, which will be filled by Shaun Hughes. Hughes is the chief financial officer for Elders Rural Services.
Accounting and finance will be streamlined, with a new head of balance sheet management and head of performance and planning.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.