Strategic Investments undergoes restructure
Strategic Investments Australiahas undergone an internal restructure, resulting in the promotion of Chris Lumby to chief executive officer.
The superannuation master trust announced the appointment of the newly created chief executive position and changes to its business development team yesterday.
In his new role, Lumby takes on the responsibility for Strategic’s business development, client service, product management and operations.
Formerly Strategic’s chief operating officer, Lumby has more than eight years’ experience working in the institutional and retail financial services industries in Sydney and London, including roles withBankers Trust, Credit Suisse First Boston and State Street Global Advisors.
Meanwhile, a shake up of group’s business development team will see David Mills become Strategic’s northern states business development manager based in Sydney and with responsibility for looking after New South Wales, Queensland and the Northern Territory.
Noel Hough will become the group’s southern states business development manager based in Melbourne and responsible for looking after Victoria, Tasmania, South Australia and Western Australia.
Both Mills’ and Hough’s positions are effective as of July 1 this year.
Mills and Hough will be supported by client relationship managers Sharon Grennan, who is responsible for the northern states, and new recruit Paul Banner, who is responsible for the southern states. Grennan and Banner’s primary focus will be to act as a quality service and resource centre for Strategic’s advisers and dealer groups. Two other new recruits are Kylie Turner in the position of sales and marketing associate and Ian Makin in the position as compliance officer. Both Turner and Makin will provide support services across the whole team.
Strategic offers a range of products through the Strategic Super Master Plan, including Strategic Corporate Super, Strategic Personal Super, Strategic Allocated Pension and Strategic PST.
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
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.
