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
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.