CBA strengthens business services
Christian Strahlhofer
The Commonwealth Bank has made two appointments it said will strengthen the services it offers to financial planning practices operating in Victoria, South Australia and Tasmania.
Christian Strahlhofer has been appointed as a relationship manager and Komal Soni an account manager in the group’s Corporate Financial Services Financial Planning Banking division.
Strahlhofer and Soni will be based in Melbourne and will service financial planning practices operating in the southern states. The group’s Financial Planning Banking division provides services to businesses nationally. The opening of the Melbourne office follows the success of the specialist division in other regions, the group said.
Strahlhofer has more than eight years experience in international corporate banking with UBS Switzerland and has held a number of roles in risk and relationship management and business development. In his new role, Strahlhofer will be responsible for working with practice owners to structure finance for mergers, acquisitions and succession and staff retention strategies.
Soni has more than six years international corporate banking experience with Royal Bank of Scotland in London, where she held various roles in risk management, business development and portfolio management. In her new role, Soni will be responsible for maintaining a portfolio of financial planning clients and assisting with business acquisitions, growth and succession planning.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
