Former Commonwealth Bank GM joins Firstfolio
Former Commonwealth Bank executive general manager David Hancock has signed on with Firstfolio as its new chief executive.
Hancock has served on the board of Firstfolio as a consultant and will now be charged with executing a growth plan that leverages its assets.
"The immediate focus will be on improved client services and ensuring that the company keeps pace with the changing landscape in financial services," he said.
Hancock was stationed as executive general manager of Commonwealth Bank from December 2007 to March 2012, and also brings experience from Shinsei Bank Tokyo, JP Morgan and Citigroup/Salomon Smith Barney.
Firstfolio chairman Eric Dodd said the board was pleased to retain someone with "an excellent and proven track record".
He said Hancock was "ideally placed" to assist the board in growing the business over the long-term, which would include adding to the management team.
Hancock replaces acting chief executive Mark Flack, who has also resigned his directorship to focus on executive activities.
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