Major changes at Chant West parent, Enzumo
Chant West parent company, publicly-listed financial research, consulting and software group Enzumo, has announced key changes entailing a board restructure and the appointment of a new chief executive.
The company announced to the Australian Securities Exchange (ASX) on Friday that Chant West principals, Warren Chant and Andrea West would be stepping aside as joint chief executives following the appointment of former ipac executive, Brendan Burwood as CEO.
The company’s announcement said it had always been the intention that Chant and West hand over the CEO role at an appropriate time and that Burwood would take over formally at the 28 November annual general meeting with Chant becoming chairman, replacing Niall Cairns who will remain on the board.
It said that since appointing Chant and West to the CEO roles in February, the company had been focused on developing a three-year strategy to achieve growth and ensuring it had the appropriate resources to pursue that growth.
It said that both Chant and West would continue as directors with Chant chairing the Research and Consulting Committee while West chaired the Product Development Committee and Sales and Marketing Committee.
It said Burwood had been appointed to the board with immediate effect.
Recommended for you
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
Responsible investment performance concerns have lessened as the market hits $1.6 trillion in AUM, according to RIAA’s annual report, but greenwashing fears among asset managers are on the rise.