Grant Samuel Funds Management (GSFM) has appointed chief executive, Andrew McKinnon, as executive chair of the GSFM board, replacing outgoing non-executive chair, Doug Bartlett who will remain on the board.
Director and head of distribution, Damien McIntyre, will succeed McKinnon as CEO. The changes are effective 1 July.
McKinnon, and McIntyre co-founded the GSFM business in 2007 with McKinnon having been chief executive since its inception.
McKinnon said the restructure was part of a long-term strategic plan for the business and would ensure its continued development and long-term success.
“As executive chair, I remain committed to the business in a day to day capacity,” he said. “My focus on GSFM’s institutional relationships and business strategy will continue.”
Steve Fletcher, head of retail, and Charles Levinge, head of institutional, would continue to report to McIntyre in the new business structure.
