Opes Prime appoints new legal head
Brokerage firm Opes Prime has moved to strengthen its corporate governance and compliance obligations by appointing Jennifer Kane as its new head of corporate and legal affairs.
Opes Prime director and co-founder Julian Smith said Kane’s appointment as head of the newly formed department was in preparation for a new phase of growth.
“In recent years, Opes Prime has been putting foundations in place for rapid but sustainable growth, and this is a key part of that process,” she said.
“As we continue to broaden our service and product range and expand into international markets, good corporate governance becomes increasingly important.”
According to Smith, other foundations for Ope Prime’s growth include the launch of a proprietary IT system developed in conjunction with Oracle in 2007, which ensures that collateral is properly and prudently managed.
“Prime brokerage is a growth area in Australian finance and we realise that there is scope for our book to expand significantly. We can confidently say that we have our house in order for this next phase.”
Prior to this role Kane was head of compliance for Morgan Stanley, and has also held senior compliance roles at Goldman Sachs JBWere, Deutsche Bank and JP Morgan. Her new role includes overseeing Opes Prime’s ongoing legal and regulatory obligations, including meeting ASX and Australian Securities and Investments Commission reporting and monitoring requirements.
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.
