New chief for St George planners
The branch based financial planning network of the St George Bank has a new chief, following the promotion today of David Gall.
Gall, who has been appointed the bank’s group executive of retail business, will be responsible for St George’s retail branches, automatic teller machines and mobile home lenders, as well as its network of just over 100 branch based financial advisers.
He takes over from Andrew Thorburn, who left St George to join the National Australia Bank’s retail banking arm last year.
Gall, who will report directly to chief executive Gail Kelly, will not have responsibility for the bank’s third party dealer group, Securitor Financial Group.
Securitor is by far St George’s largest distribution network, with some 440 financial advisers.
Gall was previously the head of sales and distribution for St George’s corporate and business banking division.
He has worked for the bank for 15 years.
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.