Boonzaier to step down at Tower…
Long servingTower Limitedgroup managing director James Boonzaier has announced his retirement after being with the group for 12 years and will leave at the end of July.
The announcement was made by the chair of Tower Limited Colin Beyer who says the board was appreciative of the efforts of Boonzaier since he joined the group in 1990.
Since that time the group has moved from being a New Zealand based mutual life business to a financial services group operating in the Australian and New Zealand market and listed on both the Australian and New Zealand Stock Exchanges.
Tower Limited has spent much of the past decade moving into and expanding its presence in Australia which now accounts for 70 per cent of the group’s business.
The search for a replacement has begun with the group stating it would look internationally for a candidate and that in the interim Keith Taylor, currently Tower Limited’s Group Chief Financial Officer, would act as group chief executive.
AUTHOR
Jason Spits
Recommended for you
ASIC has banned a former AFSL director after he failed to adequately address fees-for-no-service conduct by one of his firm’s representatives.
The Financial Advice Association Australia has appointed two new board members following two weeks of voting, as well as one re-elected member.
Advice licensee Bombora has introduced a board of six financial advisers from its national network to ensure industry voices are heard collectively on future decisions.
Technology firm Iress and investment manager Challenger have formed a strategic partnership to launch an adviser solution to better serve their retiring clients.
