Bedbrook seeks new challenge
ING Australia chief executive Paul Bedbrook has announced he will be leaving Australia, and the local business, next year to take up the role of regional chief executive of ING Insurance Asia/Pacific.
Based in Hong Kong, Bedbrook’s new role will give him responsibility for Australia, New Zealand, Japan, and Malaysia, as well as regional responsibility for bancassurance.
He will also have overall responsibility for ING’s 51 per cent interest in ING Australia, the wealth management joint venture formed in 2002 between ING Group and ANZ Bank.
A replacement is currently being sought, with ING reviewing a shortlist of both offshore ING candidates and local external options.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
