Wood steps aside as CEO of BGIA
Barclays Global Investors has announced key changes at the top of its organisational structure in Australia with chief executive Justin Wood stepping aside to focus on research and strategy development from the end of next month.
Wood will be succeeded by BGIA’s chief investment officer Morry Waked, who will hold both the CIO and chief executive roles.
In announcing the changes, BGIA emphasised that Wood had initiated the move after serving six years in the chief executive role.
Commenting on the changes, BGI’s global chief executive Blake Grossman said the company would be continuing its strategic focus on Australia.
AUTHOR
Mike Taylor
Recommended for you
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.
Increasing traction among high-net-worth advisers and a stabilisation in adviser exits have helped Praemium report quarterly net inflows of $667 million in the third quarter of 2025.
ETF provider VanEck has announced its intention to launch a uranium and energy solution as global political agendas point to expansion in this sector.
