HUB24 expands distribution with two appointments
HUB24 has announced Colonial First State’s (CFS’s) Shane Muscat and Paula Day have joined the platform provider to expand its distribution capability and support network.
Muscat, former head of institutional sales at CFS, has been appointed as head of strategic sales at HUB24, and would lead new business initiatives with licensees, boutiques and new corporate partners. Prior to CFS, Muscat held senior roles at Macquarie Wrap and Avanteos.
Day, former CFS head of strategic accounts has been appointed as head of key accounts and would manage and build strategic relationships with the platform provider’s large licensee clients. Day had previously worked for various firms including Westpac, ING Australia and BlackRock.
Andrew Alcock, managing director of HUB24, said the business was growing rapidly, and the senior appointments would provide it with the best possible client development and relationship team.
“It also signals an evolution in the way we approach the market,” he said.
The new hires would join Greg Newman, who has been promoted from acting head of distribution at HUB24 to head of retail distribution.
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