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
The financial advice sector has benefited from a net rise of 11 advisers this week, according to Wealth Data, while AMP Group reports losses as several advisers open their own licensees.
Praemium has updated on the progress of its integration with platform OneVue, which it acquired from Iress earlier this year.
ASIC leadership has waded into the political debate about Qantas flight upgrades, confirming its executives hold membership of the Chairman’s Lounge but denying it affects their regulatory ability.
Perth advisory firm Capital Partners Private Wealth Advisers has announced a new managing director to take over from David Andrew as he steps down after 25 years.