Ayres to head up Bank of Melbourne Private
Former National Australia Bank (NAB) financial planning executive Jonathan Ayres has moved to the newly established Bank of Melbourne to head up its private division.
The appointment was announced by general manager of private wealth at BT Financial Group Jane Watts, who said Ayres' main role would be driving growth for Bank of Melbourne Private.
Ayres spent 10 years in various senior positions at NAB, including head of financial planning for NAB Private and as a regional executive.
Most recently, he was a senior investment specialist with NABInvest.
"[Jonathan] has a strong private banking background, strategic financial advisory expertise and a deep understanding of wealth management and the needs of high net worth clients," Watts said.
Westpac launched the Bank of Melbourne in March this year, which will see a rebranding of St George branches in Victoria.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.