New private banking head for Macquarie
The former managing director of ’BNP Paribasequities private division, Guy Hedley, has taken over the helm ofMacquarie’s private bankingdivision.
Hedley joins Macquarie after the previous head of Macquarie’s private banking division, Kieran Netting, expressed interest in spending more time on the needs of his private clients.
Hedley’s move into the Macquarie private banking fold follows almost two years as managing director of the BNP Paribas equities private division. During that time he was responsible for establishing BNP’s private banking operations.
Hedley has been part of the financial services industry for 15 years, having joined JB Were in 1987.
In 1993 he was appointed head of private stockbroking at JB Were, where he was responsible for the development and management of all retail stockbroking, asset management, margin lending and fixed interest.
Macquarie financial services division director Peter Coleman says the addition of Hedley makes the group’s private banking services one of the best in the industry. However, Coleman believes there are still areas where the business could grow.
Macquarie recently acquired BNP Paribas’s equities private division.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
