Gunning announced chief executive of Ord Minnett

chief executive CFP commonwealth financial planning funds management

8 September 2009
| By Amal Awad |

Former Commonwealth Financial Planning (CFP) general manager Tim Gunning has been appointed chief executive of specialist financial services provider Ord Minnett.

The announcement follows yesterday’s revelation that Gunning had resigned from his post at CFP.

Gunning has been replaced at CFP by national manager David Mackay but is not due to begin his role as chief executive until October 1. Gunning will replace the current chief executive and managing director Karl Morris, who will take on the position of executive chairman at Ord Minnett.

Under Gunning’s management will be Ord Minnett’s private wealth, portfolio services, funds management and corporate finance businesses.

Morris said Gunning’s experience in financial services made him the “ideal fit” for Ord Minnett, which was acquired by Australian Wealth Management last year before it merged with IOOF Holdings in April this year.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Random

What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...

1 day 1 hour ago
JOHN GILLIES

The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

1 day 22 hours ago
JOHN GILLIES

How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...

1 day 22 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 4 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 4 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND