Macquarie trust loses CEO
Macquarie DDR Management Limited, which manages the publicly-listed Macquarie DDR Trust, has confirmed it is in the market for a new chief executive following the resignation of Nick Ridgewell.
The company announced that Ridgewell had resigned his position effective from Friday week, November 9, “to pursue an opportunity outside of the Macquarie Group in Asia”.
It said that until a replacement was appointed, the management team of the Macquarie DDR Trust would report to the co-head of Macquarie Real Estate Capital, Simon Jones.
Recommended for you
The Stockbrokers and Investment Advisers Association has announced the appointment of its new chief executive following the exit of Judith Fox after six years.
While SMAs may boost adviser efficiency, an adviser has suggested that widespread use could leave some clients in a worse position while also reducing the individuality of their service.
Three advice firms – Talem, Assure and Plenary Wealth – have merged to create a Sydney-based advice business.
Sophie Chen has begun her role as executive director at Sequoia Financial Group, responsible for implementing the firm's strategy in Asia-Pacific as the group looks to cross-border partnerships.

