Fidelity appoints Australia MD
Fidelity International has appointed Lawrence Hanson as managing director of Australia, replacing Alva Devoy.
Hanson would be based in Sydney and be responsible for delivering continued growth of Fidelity’s business in Australia, as well as retaining his responsibilities as regional lead for Fidelity’s Asia Pacific ex Japan institutional business.
He had 20 years experience in financial services including 15 years at Fidelity in the UK and Asia and time at UBS Asset Management.
Devoy, who had worked for Fidelity for eight years, would return to Europe after 13 years in Australia.
Rajeev Mittal, managing director of Asia Pacific ex Japan, said: “Australia is an important market for Fidelity and we remain focused on enhancing our existing capabilities and bringing new and innovative solutions to our clients and investors to support their evolving needs.
“With his 20 years’ financial services experience serving clients across Asia Pacific and around the world, Lawrence is ideally placed to lead our Australian business into the next phase of its growth.”
AUTHOR
Laura Dew
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
