Centrepoint’s de Zwart resigns


Centrepoint Alliance’s managing director and chief executive, John de Zwart has resigned and will leave the company in November 2017 after four and a half years with the firm.
In an announcement to the Australian Securities Exchange (ASX) today, Centrepoint said de Zwart had left the Centrepoint Group with a strong brand and trusted reputation and a growing business.
Centrepoint chair, Alan Fisher said: “Together with the support of a strong management team, John has led the way in championing a more professional, technologically enabled, and ultimately, a more client-centric way of delivering advice”.
Fisher said de Zwart had decided to take an extended break to spend time with his family and friends, and explore other opportunities in the future.
“Centrepoint and the broader industry have accomplished a lot over the last four years since FOFA [Future of Financial Advice] was introduced, and the industry now has the foundations on which to build a strong future,” de Zwart said.
The board has engaged an executive recruitment firm to search for his replacement.
Recommended for you
The Financial Services and Credit Panel has made a written order to a relevant provider after they gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.