Invesco snares former AXA chief
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 Hodgson 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.
“I am looking forward to working with a company that is just a fund manager,” O’Brien says.
“It is good to be with a smaller company and the challenges are the same as I faced at AXA which is building a reputation in the retail market.”
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.
Amour says O’Brien’s high profile within the industry will boost the company’s profile in the Australian market.
Recommended for you
The Financial Services and Credit Panel has made a written direction after advice regarding non-concessional contributions meant an individual was forced to withdraw over $330,000 from their super.
Merchant Wealth’s David Haintz has described how the firm differs from the traditional private equity ventures jumping into Australia, and why M&A isn’t like Married at First Sight.
ASIC has been granted permission to shut down almost 100 websites running investment scams, with the Federal Court describing how its victims were “fattened like pigs to slaughter”.
An Adelaide-based financial planning and accounting firm is set to merge into Count Adelaide, aligning with Count’s ambitions to form a national footprint of scaled equity partnerships.
