Pearce departs as CEO of Colonial First State



John Pearce
ColonialFirstState will soon be in the market for a new chief executive, following the resignation announced today of John Pearce.
Pearce, who had been chief executive officer with Colonial First State for around four years, is leaving the company to take up a position in Hong Kong.
Pearce became chief executive officer at Colonial First State after working most of his pervious career within the NSW State Bank and Colonial.
He will leave the bank on December 1, 2006.
Recommended for you
Two law firms have highlighted licensees’ responsibility to ensure they have sufficient cyber security measures in light of the enforcement action against Fortnum Private Wealth.
A former director has pleaded guilty to providing financial product advice without holding an AFSL which saw almost $2 million transferred to him.
Commonwealth Private Limited, a subsidiary of Commonwealth Bank of Australia, has launched a wholesale offering with the help of JPMAM.
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.