Pearce rebuilds senior executive team at Colonial
ColonialFirst State(CFS) chief executive John Pearce has assembled a new senior management team, filling three executive positions left vacant by a spate of departures in recent months.
David Dixon has been appointed general manager of investments, replacing John Pearce who took on the chief executive role in February this year. Dixon is currently chief executive officer at Insurance Australia Group (IAG) and will be taking up the role in late May.
Henry Capra will become chief financial officer, having played an important role in the integration of Prudential, Legal and General, and Colonial Funds Management and the growth of the business during the last 10 years. Capra will replace Tim Foster, who is following former chief executive Chris Cuffe toCPH Investment Corporation.
Replacing Joanna Wagstaff, who is also joining CPH, is Rebecca Murray who takes on the position of general manager marketing and client services.
Murray is currently a principal of management consultancy Phoenix Group and has held head of marketing roles atipac Securities, MMI/AllianzandZurich Financial Services.
CFS has also recently lost head of retail distribution Paul van Rooyen, head of institutional marketing Joe Marrassa, and general manager administration services and business systems Hayden King.
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