Bedding CEO for Shadforths
Nick Bedding is to take over from David Catchpole in the top job at Tasmanian financial planning and stockbroking firm Shadforths.
Bedding is to take over as chief executive officer from Catchpole who will continue as chairman and will act as an adviser to the group.
Bedding was formerly general manager of the group, a position which has now been incorporated into the chief executive role, a process Bedding says has taken place over the past few years.
Bedding has spent the past ten years at Shadforths after joining the group as an investment adviser and becoming a director five years later. He then moved into the general manager title about three years ago.
The change in the structure of Shadforths follows a number of years of strong growth for the group.
“Shadforths has grown aggressively in the last two years, on the back of buying HSBC’s shares in the company,” Bedding says.
The group has also added 30 staff, taking the current total to 70, and has expanded its existing offices in Hobart and Launceston and doubled the size of its Devonport office.
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