ABA chief executive to step down
The chief executive of the Australian Bankers' Association (ABA), David Bell, will step down in July next year.
The chairman of the ABA, Ralph Norris, thanked Bell for his service during a challenging time for the industry.
“David and his ABA team have delivered a tremendous amount of support and value to the member banks during the term of his leadership,” Norris said.
Bell thanked his management team and said he would continue to work with the ABA to ensure the regulatory proposals and parliamentary reviews are dealt with “in the best possible way”.
Recommended for you
A former Sydney investment manager has pleaded guilty to two counts of insider trading regarding a potential takeover of Platinum Asset Management, having acquired $2.6 million of Platinum shares.
As the firm enters a new growth phase, Orbis Investments managing director Jason Ciccolallo has said it is looking to strengthen relationships with retail advisers to align with the firm’s institutional reputation.
The former director of United Global Capital has received a decision from the Administrative Review Tribunal regarding an appeal of his 10-year ban from providing financial services.
AMP-owned North has announced a senior manager appointment as the platform explores growth opportunities in its addressable adviser market.