The recently departed head of Westpac Bank’s in-house financial planners, Justin Greiner, has ended up working for a former boss, taking on the lead distribution role at ex-Rothschild Asset Management chief Peter Martin’s new venture, Greenway Capital.
Greiner and Martin used to work together at Sagitta Rothschild until Martin, who was then chief executive, left the group when Westpac acquired it in 2002.
Greiner resigned from his position as head of Westpac’s in-house advisory business close to a month ago, just weeks after the bank’s decision in June to hand control of its planners over to funds management subsidiary BT.
Greenway Capital was established early this year and will specialise in residential real estate equity, with the company already flagging its own equity release, or reverse mortgage, product.
