Macek joins Vertex board

insurance compliance chairman chief investment officer

2 February 2004
| By Freya Purnell |

By Freya Purnell

Vertex Capital Management has appointed Charles Macek to its Board as a non-executive director.

Macek has more than 30 years experience in financial services across investment management, stockbroking, insurance and commercial banking in Australia and overseas, and is currently chairman of the Financial Reporting Council, as well as a non-executive director of several private and public companies, including Wesfarmers and Telstra Corp.

He was previously founding managing director, chief investment officer and later chairman of County Investment Management.

Macek stepped down as chairman of IOOF Holdings in August last year to pursue other business commitments.

On the appointment, Vertex managing director Kim Ivey says, “Charles’ insights will assist Vertex as we broader our investor base and expand our product suite. Charles will also be working with the other Board members in the supervision of our compliance.”

Macek joins chairman John Evans, Kim Ivey, Vertex investment director Craig Turnbull and non-executive director Stephen McKew on the Board.

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