***NEWSFLASH*** ING Australia names new CEO
ING Australia has named Harry Stout as its new chief executive ahead of the departure of Paul Bedbrook.
Stout is currently ING’s head of wealth management market segments based in West Chester, Pennsylvania, and is a member of the ING Global Management Council.
Late last year Bedbrook announced he would be leaving Australia, and the local business, to take up the role of regional chief executive of ING Insurance Asia/Pacific.
Stout’s appointment is effective from April 14.
Recommended for you
With regional and rural suburbs exhibiting high spare capacity to invest, Money Management speaks to three regional advisers on the opportunities beyond the major cities and the importance of a strong network.
Platform consolidation is expected to accelerate among financial advisers this year, as software company Finura pinpoints which two platforms are set to be the winners, thanks to this trend.
The software provider has made several appointments in its APAC wealth propositions team, with a focus on driving growth across digital advice, Xplan and strategic partnerships.
The platform has announced it plans to close its Xplore managed discretionary account service in 2026 which holds $2 billion in funds under administration.