Centric appoints Kearns as CEO


Centric Wealth has announced the appointment of Investec Bank managing director telecom, media and technology Phil Kearns as chief executive officer.
Commenting on his appointment, Centric chairman David Shein said Kearns has been the driving force in building Investec’s client base and introducing new investment products, including aircraft and wind farm investment funds. Shein added that Kearns has been responsible for managing significant transactions in the wealth advisory industry.
Kearns will commence his new role from 12 December 2011.
Centric has also announced that current chief financial officer Chris Powell will take on the additional role of chief operating officer. He was previously regional CFO of Zurich Financial Services Australia and New Zealand – his duties encompassing the life, insurance and general insurance arms of the company. Powell was also chairman of Lonsec Limited.
With the appointments of Kearns and Powell, Centric now has in place a complete senior management team, Shein said.
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