Former Perpetual Investments managing director Rodney Green has resurfaced in the financial services industry, joining Melbourne based company, Treasury Group Limited.
Green departed Perpetual last March after about four years with the group, amid a restructuring of the Perpetual Trustees business and review of its wealth management operations. At the time Green said he was looking for a “different challenge in financial services.”
Green joins the Treasury Group as chief executive officer and under the terms of his employment will receive up to 1,800,000 options, issued in accordance with the Treasury Group’s employee executive option scheme.
The Treasury Group has made a number of moves into the financial services industry recently, including the purchase of an investment advisory business several months ago. According to an announcment by Treasury Group to the Australian Stock Exchange (ASX), the company it purchased has $45 million funds under advice.
The group has also recently acquired a 25 per cent shareholding in Group Funds Management, a Sydney based financial advice company.
