The Trust Company's John Atkin steps down
The Trust Company chief executive John Atkin has resigned after four years in the position.
Since joining the company at the beginning of 2009, he led a major business transformation that strengthened the business' market position in Australia, New Zealand and Singapore, chairman Bruce Corlett said.
"I am very proud of the work we have done to enhance the fiduciary heritage of the company, build the capability of our team and improve our client service," Atkin said.
"It's a good time to hand over to a new CEO who can oversee the forthcoming upgrade to our business systems and capitalise on the opportunities that will be created for our business, particularly on the personal side."
With Atkin staying on until his successor takes the reins or until the announcement of the company's financial results in April, a process is underway to find a new CEO.
The Trust Company stated that this could take up to six months while both internal and external candidates are considered.
According to Corlett, Atkin has agreed to a post-employment consultancy role to "assist the company in relation to a number of ongoing corporate matters in which he has been extensively involved".
Recommended for you
As the year draws to a close, a new report has explored the key trends and areas of focus for financial advisers over the last 12 months.
Assured Support explores five tips to help financial advisers embed compliance into the heart of their business, with 2025 set to see further regulatory change.
David Sipina has been sentenced to three years under an intensive correction order for his role in the unlicensed Courtenay House financial services.
As AFSLs endeavour to meet their breach reporting obligations, a legal expert has emphasised why robust documentation will prove fruitful, particularly in the face of potential regulatory investigations.