Invesco signs up former AXA CIO
Invesco Australia has appointed former AXA Australia and New Zealand chief investment officer Mick O’Brien into a newly created director retail sales and marketing role.
The position previously spanned both the retail and institutional sectors, however, the group decided to separate these two aspects of its sales and marketing operations after Peter Hogson departed in May.
O’Brien joins Invesco on August 16 having left AXA in February after the investment firm disbanded its chief investment officer position, after choosing to have the investment management roles performed by its partners Alliance Capital Management and Bernstein Investment Research.
O’Brien spent 21 years at AXA, which was previously National Mutual, working in a wide range of roles, including dealership management and national product development and marketing manager.
More recently, O’Brien also worked as national manager, retail funds and superannuation in his time with his previous employer.
In his new role, O’Brien will join former AXA colleague and now Invesco Australia chief executive officer, Mark Armour.
“I had the good fortune to work with Mick when at AXA, and I’m delighted that he has decided to join us,” Armour says.
Recommended for you
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.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
