InTech signs Mercer exec as director
Asset consultantIntech Financial Serviceshas announced the appointment of former Mercer Asia Pacific chairman and chief executive Bruce Cook as a director.
At the same time, the firm has announced the appointment of former Deutsche Bank senior staffer, Sandra Donnarumma as chief operating officer.
InTech chief executive Michael Monaghan says Cook’s appointment to the InTech Board will significantly strengthen the InTech team.
“Bruce’s entrepreneurial nature together with his remarkable insights will be a major asset to InTech,” he says.
Commenting on his appointment to the InTech Board, Cook says that after taking time out to travel and relax it is time to re-enter the business arena.
“I am delighted to be joining a dynamic organisation with such a focused team,” he says. “Their reputation is second to none and I am looking forward to assisting the Board in developing future business strategy.”
Monaghan also welcomed Donnarumma’s appointment. She joins InTech after being head of controlling for offshore emerging markets and global exchange services with Deutsche Bank in London.
Recommended for you
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.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.