Treasury Group appoints new CEO
Mark Burgess
Asset management holding company Treasury Group has announced that Mark Burgess will succeed David Cooper as its new chief executive officer (CEO) from October 1, 2008.
In an announcement to the Australian Stock Exchange, Burgess’ appointment represents an important development for the company as it enters the next phase in its growth.
Former CEO David Cooper will assume the role of executive director and will chair the New Deal Committee and will retain his directorships at Orion Asset Management, Treasury Asia Asset Management, Global Value Investors and Cannae Capital Partners.
According to Treasury, his focus will be on new business origination, which will be integral to the growth of the company in the asset management sector.
Prior to his role at Treasury, Mark Burgess was the executive vice chairman and chief executive officer for Europe, Middle East & Africa at Credit Suisse Asset Management. He has worked for American Express Asset Management, Colonial First State Investments and Bankers Trust Australia.
Recommended for you
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.