Howell new AM chief in reshuffle
FormerPerpetualsenior executive Trevor Howell has become the new chief executive ofAM Corporationfollowing a reshuffle of the group’s senior management roles.
Howell, the former Perpetual strategic development head, will replace current AM Corporation chief executive Alan Rich, who will become AM’s deputy chairman and group chief executive.
The senior level restructure is a response to the group’s recent growth in funds under management and retail offerings. The management changes will also allow for a strategic focus on AM Corporation’s LifeTrack business.
With 17 years financial services experience, Howell is positioned to progress AM’s core business of retail superannuation plus the corporate super business.
“My challenge is to continue to build on the success that AM has recently enjoyed and provide focus on new online client services such as AM’s Bureau,” Howell says.
Howell will be only the fourth chief executive in AM Corporation’s 26 year history, a fact signifying stability in the group, according to a spokesperson.
Recommended for you
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
