Venardos to exit IOOF board
The former chairman of IOOF Limited, George Venardos will be retiring from the company’s board at the company’s annual general meeting in late November.
The company announced Venardos’ impending departure to the Australian Securities Exchange (ASX) today and it comes despite the company winning its Federal Court battle against the Australian Prudential Regulation Authority (APRA) which involved both Venardos and the former managing director, Chris Kelaher.
Commenting on the departure, IOOF chairman, Allan Griffiths said Venardos had served the IOOF board with professionalism.
Venardos joined the IOOF board in 2006 and was chairman from 2016-18.
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.
