Two more depart Professional Investment Services

professional investment services ASIC investments commission australian securities and investments commission money management PIS

21 May 2012
| By Staff |
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Professional Investment Services (PIS) has confirmed to Money Management the departure of chief information officer Len Sanders and the resignation of ASIC concern leader Kelly Hinton amid a number of senior executive departures at the group in the last few months.

Sanders had only recently replaced the group's former chief information officer Shannon Overs, who left PIS in March to join consultancy business Robbie Bennetts Enterprises.

Hinton had been overseeing the final phase of the enforceable undertaking the company had entered into with the Australian Securities and Investments Commission last year, following concerns regarding PIS' ability to meet its obligations as a financial services provider.

The announcement from PIS also follows the departure of general manager Grahame Evans earlier this month.

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