Wood steps aside as CEO of BGIA
Barclays Global Investors has announced key changes at the top of its organisational structure in Australia with chief executive Justin Wood stepping aside to focus on research and strategy development from the end of next month.
Wood will be succeeded by BGIA’s chief investment officer Morry Waked, who will hold both the CIO and chief executive roles.
In announcing the changes, BGIA emphasised that Wood had initiated the move after serving six years in the chief executive role.
Commenting on the changes, BGI’s global chief executive Blake Grossman said the company would be continuing its strategic focus on Australia.
AUTHOR
Mike Taylor
Recommended for you
The profession is up by almost 200 advisers for the new financial year, with August continuing the consistent weekly positive gains.
WT Financial has announced its second “Hubco” with a combined valuation of $7.8 million, while its first one has successfully incorporated and is now making its own acquisitions.
The Australian Wealth Advisors Group has entered into a joint venture with a Melbourne financial services firm to launch a wealth manager.
Remediation and litigation costs have led AMP to announce a reduced statutory net profit after tax of $98 million for the first half of 2025.
