InTech signs Mercer exec as director
Asset consultantIntech Financial Serviceshas announced the appointment of former Mercer Asia Pacific chairman and chief executive Bruce Cook as a director.
At the same time, the firm has announced the appointment of former Deutsche Bank senior staffer, Sandra Donnarumma as chief operating officer.
InTech chief executive Michael Monaghan says Cook’s appointment to the InTech Board will significantly strengthen the InTech team.
“Bruce’s entrepreneurial nature together with his remarkable insights will be a major asset to InTech,” he says.
Commenting on his appointment to the InTech Board, Cook says that after taking time out to travel and relax it is time to re-enter the business arena.
“I am delighted to be joining a dynamic organisation with such a focused team,” he says. “Their reputation is second to none and I am looking forward to assisting the Board in developing future business strategy.”
Monaghan also welcomed Donnarumma’s appointment. She joins InTech after being head of controlling for offshore emerging markets and global exchange services with Deutsche Bank in London.
Recommended for you
While the August financial advice exam saw a lower pass rate of 62 per cent compared with 70 per cent in previous sittings, this expert believes it’s for a positive reason.
With the FY24 reporting season behind us, five major financial advice licensees are looking to achieve growth either through inorganic activity or internal expansion.
An alleged involvement with an insurance claims business has led the Federal Court to vary the orders of a banned adviser to add the threat of jail time.
The investment platform has announced several improvements, enabling advisers to create more bespoke solutions for clients as well as further exclusion options.