Perkovic moves out of Commbank wealth
Marianne Perkovic has received a substantial promotion within the Commonwealth Bank.
Perkovic, currently the executive general manager, Wealth Management Advice, has been promoted to the role of executive general manager of Commonwealth Private. Perkovic's role change and change of division within Commbank was announced to staff late this afternoon.
The change will see Perkovic substantially move away from wealth management – her area of core expertise having been the chief executive of Count Financial before being recruited by the Commonwealth Bank.
Her time in the Wealth Management Advice role coincided with a number of challenges including the implementation of the Future of Financial Advice (FOFA) and the lead-up to the Open Advice Review Program.
The notice to staff said the move represented an opportunity for Perkovic to expand her already deep experience beyond wealth management.
The announcement said the bank was in the process of recruiting to replace Perkovic in the Wealth Management Advice role.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
