MLC poaches three more from AXA

AXA hedge funds mergers and acquisitions amp

30 November 2011
| By Milana Pokrajac |
image
image
expand image

Three more AXA executives have moved over to MLC's retirement solutions team, which has grown to 10 members since its establishment in February 2011.

Shaune Egan, Stuart McGregor and Joachim Lumbroso have been welcomed to MLC by their former AXA colleague and current head of the team, Andrew Barnett.

Egan's most recent role was AXA head of integration - sales, marketing and advice stream, but he was also closely involved in the development of AXA's suite of investment and retirement products.

He has been appointed MLC retirement solutions head of segment management.

McGregor, who will manage pricing and risk analysis at MLC, came from a similar role at AXA North.

Their colleague Lumbroso has moved from his Singapore-based role as head of hedging services Asia, where he specialised in managing long-term guaranteed products such as variable annuities. He will manage hedging and risk reporting at MLC retirement solutions.

Of the 10 members of the team, eight were recruited from AXA not long after the company's merger with AMP was finalised.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 weeks 4 days ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

2 months 3 weeks ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 3 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 3 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

2 weeks 4 days ago

TOP PERFORMING FUNDS