ING loses advice head

By Rebecca Evans

ING Australia has lost its executive director of advice Tony Hartley with chief executive Paul Bedbrook swiftly announcing senior executive Colin Morgan as his replacement in the pivotal role.

For Hartley, his departure signals the end of an eight-year tenure with the group spanning a variety of senior management roles including Queensland state manager and head of national distribution.

Hartley, who departs on August 13, has held the position of executive director of ING Advice since February 2003. He stepped in to replace Mike Goodall, who chose to relinquish the role in favour of returning to his roots by heading up a Millennium 3 financial planning practice.

“Over the past 18 months, [Hartley] has led the difficult transformation of ING Advice and its major dealer groups,” Bedbrook says.

Meanwhile, Morgan, who has been at ING since 1996, has been working in the ING advice business with responsibility for investments in adviser practices.

“Colin will have overall responsibility for our dealer group strategies, as well as specific responsibility for Tandem Financial Services, Millennium 3 and our in-house financial advice unit ING Financial Planning. He will also be responsible for our dealer shared services, investments in adviser practices and other ING advice businesses, including Super Concepts and CoverForce,” Bedbrook says.

Bedbrook adds the changing of the advice guard at ING will not affect the chain of command for the group’s RetireInvest subsidiary, with general manager George Haramis continuing to report to RetireInvest chairman David Bleakley, who is in turn accountable to Bedbrook.