Strategic appointments at Centrepoint



Professional Investment Services parent, Centrepoint Alliance Limited, has continued to reshape its executive ranks as it deals with the last year's Australian Securities and Investments Commission (ASIC) compliance monitoring announcement.
The company announced this week that Neil Rogan had joined Centrepoint as the head of distribution strategy and marketing, while David Spiteri rejoins the group as national manager, life insurance, and Theodore Hatsis signs up as head of research.
Commenting on the appointments, Centrepoint managing director John de Zwart said they were aimed at helping the group become the leading and most respected financial services business in Australia.
"These appointments underpin this ambition and will provide market-leading capabilities to our practices across all our businesses," he said.
The Centrepoint announcement suggested Hatsis' role as head of research would be critical to the company's regulatory dealings, with de Swart saying he would be responsible for providing strategic research analysis for the management of the approved product list (APL) and monitoring ASIC announcements and legislation affecting products, the APL and provision of product advice.
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.