Former Macquarie employees join Instreet

Instreet has announced the appointments of two former Macquarie bank staff, Gabriel Carey and Susanne Bransgrove, as senior business development managers.

Carey and Bransgrove were part of Macquarie’s structured products division.

Carey will head the distribution of Instreet’s products to the financial services community in Victoria, South Australia and Tasmania, while Bransgrove who is Brisbane-based will be responsible for Western Australian and Queensland.

Carey and Bransgrove were part of Macquarie’s structured products division.

Carey established the Victorian-based distribution team for Macquarie’s retail structured products and was previously the boutique manager for Rural Funds Management, involved in Specialist agribusiness investments.

In 2007, Carey was awarded state business development manager SA and national boutique business development manager of the year.

Carey comes to the financial services sector from the Australian Air Force where he served as an officer for 10 years.

Meanwhile, Bransgrove was responsible for the sales and distribution teams in Queensland and Western Australia for structured products at Macquarie. She also had the role of national account manager, looking after commercial relationships with national dealer groups before joining the funds management group to distribute Macquarie’s funds into Queensland and Western Australia.

Prior to Macquarie, Susanne worked for ANZ Banking Group and Great Southern and was a finalist in the state business development manager of the year award in 2007.

Instreet managing director, George Lucas said: “We are pleased to have people with such high calibre and in-depth industry knowledge.

“We think it’s the right time to expand nationally, as investors, while obviously cautious, seem ready to invest again in structured products.”