New COO at FIIG Securities

appointments term deposits ANZ

24 August 2011
| By Andrew Tsanadis |

FIIG Securities (FIIG) has appointed a new chief operating officer (COO) for its Brisbane office.

Michael Massingham will join FIIG as a member of the company's executive committee and report to managing director Jim Stening on matters concerning custodian services and administrative support functions.

Massingham is a CPA with over 20 years experience in financial services, specialising in the management of business operations at a number of companies including ANZ, Firstmac, and Citigroup Australia and New Zealand.

The appointment of Massingham as COO reflects FIIG's aim to expand its team to service more investors who are seeking access to secure investments.

FIIG has more than $6 billion in term deposits under advice in its short-term money market business.

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