Blue Sky names new CEO
Blue Sky Alternative Investments has announced the appointment of Joel Cann as the company’s new chief executive officer, effective 15 April.
Cann has over 30 years’ experience in Australia, Europe and North America across public and private equity investment, financial services and family office management sectors.
Prior to this, he held roles in global funds management at several institutions across multiple asset classes including real estate, retirement, tourism and hospitality, student accommodation, infrastructure, agriculture, mining and resources and technology.
Most recently, Cann served as CEO at Aspen Group where he was in charge of rebuilding the group and its portfolio.
Cann’s appointment would also mean that the company’s executive chairman, Andrew Day, would revert to the role of non-executive chairman, which would bring the board’s composition to majority independent, non-executive directors, the firm said.
Commenting on the appointment, Day said: “I am looking forward to rebuilding market confidence in the company’s ability to drive strong returns for its investors.
“In the short term, the priorities are to continue to strengthen business processes while building solid momentum in the company’s core business units.”
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.