Vanguard Australia MD promoted to head Europe


Vanguard Australia managing director, John James has received a major promotion and will become the managing director of Vanguard Europe including becoming part of the company's International Group.
James' promotion was announced today, with the company also announcing the promotion of Colin Kelton from principal of Vanguard's Retail Marketing nad Communications group in the US will succeed James as Australian managing director.
James joined Vanguard in the US in 2008 as head of Broker-Dealer Sales and Distribution before returning to Australia in 2010 to lead the Australian division.
Prior to joining Vanguard, James was the chief executive of Australian Football League team Port Adelaide for four years prior to which he spent more than 15 years in the Australian financial services industry, including with MLC.
Recommended for you
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam.
ASIC has sent warning notices to social media finfluencers who it suspects are providing unlicensed financial advice to Australians as part of a global crackdown by international regulators.