O’Brien to lead Invesco
Invesco has appointed Mick O’Brien as the new chief executive for its Australian operation.
O’Brien originally joined Invesco as head of retail in August 2004 after a two-year stint as chief investment officer with AXA Australia and New Zealand.
Commenting on his appointment O’Brien said: “Our strategy of being a leading manager of domestic asset classes and leveraging the investment capabilities of the global group remains consistent.”
The move comes as a result of incumbent chief executive, Mark Amour, being promoted to a new role as head of sales and service for Invesco’s global institutional business. The new position will see him based in Atlanta.
“After all the company has achieved over the past four years, I am delighted to be able to leave the business in a strong position and in very capable hands to take up an exciting career opportunity,” Amour said.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
