Cuffe departs Challenger
By Zoe Fielding
ChallengerWealthManagement chief executive Chris Cuffe will step down from his role on June 30 this year to pursue more altruistic interests.
Cuffe, a well-known veteran of the financial services industry, will continue to work part-time for Challenger, providing input to the development of the group’s funds management business and financial planning arm, Genesys Wealth Advisers.
From July, Cuffe will also take on a role with Opportunity International Australia, which provides poor entrepreneurs in developing countries with access to capital, financial services and enterprise development services to start and expand small businesses.
Cuffe will lead the development of Opportunity International’s global microfinance investment strategy and manage microfinance investments in select Asian and African countries. He will also assist the organisation with raising investment capital and managing strategic partnerships.
Cuffe has led the Challenger Wealth Management business since August 2004. He also spent 12 years as chief executive of ColonialFirst State Investments.
Rob Adams, current deputy chief executive of Challenger Wealth Management and general manager, investments for Challenger’s funds management business, will succeed Cuffe as Challenger Wealth Management chief executive.
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