IOOF hires regulation and remediation expert

IOOF chris kelaher darren whereat APRA australian prudential regulation authority people and products appointments remediation regulation

5 April 2019
| By Hannah Wootton |
image
image
expand image

The day after announcing the resignation of its chief executive amongst regulatory controversy with the Australian Prudential Regulation Authority (APRA), IOOF has made a key appointment with David Flynn joining the business as head of advice governance.

Pertinently, Flynn would bring years of experience in leading regulatory and remediation programs. Most recently, he was program director for Westpac Group’s structured advice remediation program for BT Financial Group.

Flynn had also led teams through transformational growth periods, and had worked at ANZ, ING Australia, and Zurich.

“With his deep understanding of the regulatory and professional requirements for the industry, strong focus on governance, and extensive experience leading large teams, he will be a great addition to our advice business,” IOOF general manager advice, Darren Whereat, said about Flynn.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 1 week ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 5 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 week 1 day ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 week ago