Lowe to lead PSI Group
The former co-founder and managing director of OnePath-owned Oasis Asset Management, Wayne Lowe, has taken on a new role as chief executive officer (CEO) of superannuation and financial planning firm PSI Group.
Lowe replaces Paul Kolatchew, who left the Newcastle-based group in March 2010 to take on a role with ING Australia (now OnePath) as business development manager of group risk.
Lowe comes to PSI group with more than 23 years experience, most recently as chief operating officer of superannuation and investments for ING Australia (now OnePath).
Lowe said he was pleased about being a part of PSI as it enters an exciting period in its development.
“It’s quite different running a company with 40 people after running a company with 160 people, but I’m finding it very interesting,” he said.
Of the appointment, PSI chairman Graham Poole said that Lowe’s proven track record in developing and leading successful businesses will ensure the foundations of the company.
Recommended for you
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
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.
