Perpetual chief quits

26 October 2000
| By Nicole Szollos |

Perpetual Private Clients chief Wayne Wilson is departing the company at the end of this month to take a lifestyle break.

Wilson has been with Perpetual for four years after seven years in various roles with MLC.

Wilson says he was headhunted by Perpetual to "turn an old and tired component into a healthy business,". Since joining, he has updated and implemented a strategic plan within the private clients division which has helped the division boost revenue 50 per cent and profit 100 per cent.

"We have rebuilt the way the organisation is operated around the company and accelerated key things," he says.

Perpetual is yet to employ a permanent successor, however NSW regional manager Andrew McKee will step in to the acting group executive role.

McKee worked at MLC in actuarial and project roles before joining Perpetual in February 1997, three months after Wilson. He was one of several people Wilson convinced to jump ship from MLC to Perpetual.

For the past three months, McKee has been working alongside Wilson to ensure a smooth transition.

McKee will report to Perpetual Trustees Australia managing director Graham Bradley.

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

9 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 14 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 12 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 15 hours ago