RI Advice CEO steps down for family reasons



Chief executive officer of ANZ-owned dealer group RI Advice, Paul Campbell, has left the group for family reasons, the company has announced.
According to a statement released by ANZ, a replacement would be announced "in due course".
"His contribution to the business has been significant and positions RI well for the future," the banking group stated.
The group added Campbell is leaving the business with "excellent working relationships and the respect of the broader RI and ANZ Wealth teams".
Earlier this year, RI Advice Group underwent a business review, which included restructuring practice agreements to remove conflicted remuneration structures.
RI Advice head of practice management Peter Ornsby said a key consideration was getting the group ready for Future of Financial Advice changes.
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