Challenger makes key distribution appointment


Challenger Limited has promoted internally to fill the role of chief executive, Distribution, Product and Marketing.
The company announced to the Australian Securities Exchange (ASX) today that it had appointed Angela Murphy to the role replacing Richard Howes who will become Challenger chief executive.
Murphy joined Challenger in February 2012 and has been the company’s chief operating officer for Distribution Product and Marketing since February, last year.
Commenting on Murphy’s elevation, Howes said the firm was fortunate to have a high calibre internal successor for the role.
Howes will become Challenger chief executive effective from January, next year.
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