Tower’s Boag resurfaces at tech firm
The previous chief operating officer ofTower, Ken Boag, has resurfaced after taking on a new role as chief executive at Sydney-based financial services group, Advisor Resources.
In his new role at Advisor Resources, a subsidiary of Sydney-based tech firm Adapt IT, Boag will be responsible for overseeing the delivery of Adapt’s Adviser Resource Centre (ARC) - an online knowledge and communication tool for advisers and clients.
Boag says his first goal is to build on the industry relationships already formed by Adapt and to widen the level of awareness and understanding of the ARC offering to targeted businesses.
According to Boag the fact ARC works with proprietary solutions such as master trust and wrap platforms and office software, means it complements existing and future IT developments “rather than challenging decision-makers to choose between solutions”.
The ARC service has eight major dealer groups working with the invitation-only business model at present which allows users to store and share information and interact online simultaneously.
Boag left Tower in August last year after announcing the group’s wealth management and risk insurance businesses will be merged into a single operation.
He had been with the group since 1992 when he joined as the managing director of Tower Life Australia and Adapt IT chief executive Ron Hughes says that while the group is making the appointment now, “we have been in fairly constant and comprehensive talks since the latter half of 2002.”
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