Australian Ethical appoints new board member
Australian Ethical Investment has appointed Michael Monaghan, a former StatePlus’ managing director, as its new non-executive director to the board, effective 22 September.
Monaghan has more than 30 years of experience across investment, consulting and leadership roles in the financial services organisations both in Australia and internationally.
Prior to this, he also held a number of different roles at Intech Investment Consultants, Deloitte Touche Tohmatsu, Deutsche Bank, IBM and Lend Lease Corporation.
Monaghan is also currently deputy chair of HammondCare and a non-executive director of Alpha Vista Financial Services.
Commenting on his appointment, Australian Ethical’s chairman, Steve Gibbs, said: “Michael is a highly credentialed director who will work to further the company’s mission”.
“The board looks forward to working with him.”
AUTHOR
Oksana Patron
Recommended for you
Money Management understands Natixis Investment Managers is planning to launch its own private asset product for the Australian retail market.
Magellan’s infrastructure funds have reported gains for the second consecutive month, avoiding potential outflows associated with the exit of its sector head Gerald Stack.
The $673 billion global investment manager has appointed a former Zenith sales head as it seeks to expand its reach in the Australian wealth management market.
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
