Futuro restructures its team

18 August 2016
| By Oksana Patron |
image
image
expand image

Independently-owned, non-aligned ASF licensee, Futuro Financial Services, has announced it has completed the restructure of both its business and the executive team, which saw Paul Kelly take over as managing director.

He replaced Dennis Bashford, who would move to the role of executive chairman.

According to Bashford, the company decided to introduce a succession programme that would see a transfer of responsibilities and "significant restructure of both the business and the roles of the executives over the last 12 months".

"It was important for us to be confident that everyone was capable and happy with their responsibilities and that their talents were maximised before making things permanent," he said.

Kelly said: "Futuro is looking to exploit Dennis' standing in the industry which will see his focus becoming much more strategic and considering that he has been in the industry since its inception we are keen to see his experience, contacts and knowledge being fully exploited".

Bashford stressed that he was not contemplating retirement as he was "thoroughly enjoying his changed role".

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

3 hours 52 minutes ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

4 hours 18 minutes ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND