Vanguard appoints new legal and compliance head
Investment management company, Vanguard Australia, has appointed Ashley Warmbrand as its new head of legal and compliance, who will join the group in October.
Warmbrand was most recently the head of risk and audit governance at National Australia Bank (NAB), where he also held a range of senior and legal governance roles since 2008, Vanguard said.
He had over 15 years' experience in financial and professional services sectors, and worked in organisations that included, Herbert Smith Freehills, Claredon Lawyers and Centro Properties Group.
Vanguard Australia's managing director, Colin Kelton, said Warmbrand would bring a great deal of experience to the critical role and the company would ultimately help deliver better client outcomes.
"We look forward to welcoming him to Vanguard in our milestone 20th anniversary year," Kelton said.
He would serve as a member of Vanguard's Australian executive team, and sit on the Vanguard Australia board as company secretary.
Recommended for you
Pinnacle has reported a 151 per cent rise in net profit after tax in its half-year results, helped by overseas expansion and affiliate performance fees with further international deals in the pipeline.
Global asset manager Janus Henderson generated more than US$2 billion in net inflows during 2024, thanks to its strengthened intermediary channel and M&A activity.
Amid the rising demand for more flexible private equity investment options, LGT Capital Partners has launched a semi-liquid fund for wholesale investors in Australia and New Zealand.
The departure of Gerald Stack from Magellan could lead to redemptions as high as $8 billion, according to Morningstar, given the majority of assets in his infrastructure strategies are held by institutional clients.