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
Franklin Templeton has continued the review of its fixed-income fund range, with multiple changes announced across 15 funds, including several management fee reductions.
Insignia Financial has reported net inflows of $448 million into its asset management division in the latest quarter, as well as popularity from advisers for its MLC managed accounts.
With ASIC questioning the dominance of research houses when it comes to retail usage of private market funds, a research house has shared how its ranking process sits alongside ASIC’s priorities.
Two Australian active fund managers have been singled out by Morningstar for their ability to achieve consistent performance and share price growth in the past 12 months.
