O’Brien to lead Invesco
Invesco has appointed Mick O’Brien as the new chief executive for its Australian operation.
O’Brien originally joined Invesco as head of retail in August 2004 after a two-year stint as chief investment officer with AXA Australia and New Zealand.
Commenting on his appointment O’Brien said: “Our strategy of being a leading manager of domestic asset classes and leveraging the investment capabilities of the global group remains consistent.”
The move comes as a result of incumbent chief executive, Mark Amour, being promoted to a new role as head of sales and service for Invesco’s global institutional business. The new position will see him based in Atlanta.
“After all the company has achieved over the past four years, I am delighted to be able to leave the business in a strong position and in very capable hands to take up an exciting career opportunity,” Amour said.
Recommended for you
Large AFSLs with more than 100 advisers are seeing the largest losses in both adviser and AFSL numbers as individuals seek a smaller, personal vision in their work.
Former deputy CEO of AMP Capital, David Atkin, has announced he will be returning to Australia after stepping down as chief executive of the Principles for Responsible Investment organisation.
A global Morgan Stanley report has found 83 per cent of Asia-Pacific individual investors would select a financial adviser based on their sustainable investment offerings, and are most understanding of how ESG can boost returns.
Insignia Financial has announced the status of the two private equity bidders as due diligence comes to an end, with one bidder opting to pull out.
