New global CEO appointed at Bennelong
John Burke, former global head of Fidante Partners, has been appointed new global CEO at Bennelong Funds Management.
He would take over from Craig Bingham, who held the role for the past eight years.
“We are delighted to welcome John as our new CEO,” said Michael Dwyer, chairman of Bennelong.
“He brings leadership strength in his track record as well as extensive knowledge of the funds management sector and will be a pivotal part of the next stage of our growth ambitions.”
A proven growth leader, Burke had established Challenger Investment Solutions before moving on to Fidante. He had previously worked at Deutsche Bank, Mercer, and AllianceBernstein.
“Bennelong is a high-calibre organisation, and I’m looking forward to sharing my experiences and perspectives with the board and the Bennelong team,” Burke said on his appointment.
“It will be a privilege to lead a company that is already known for the quality of its people and products, and I can’t wait to get started to help bring the best possible outcomes to Bennelong’s clients.”
He would take on the role in the first half of 2023 following active planning by Bennelong for the last two years to determine Bingham’s replacement.
According to Bingham, it was “time to pass on the reins.”
Dwyer said: “On behalf of the board and the broader business, I’d like to thank Craig for his important contribution to Bennelong over the years.
“Since joining in 2014, he has facilitated significant growth of the business, establishing Bennelong’s offshore arm BennBridge in the UK and US, partnering with a number of boutique funds management teams across the globe, and growing assets under management and advice from around $5 billion in 2014 to more than $15 billion at 31 December 2022. We wish him every success in the next chapter of his career.”
AUTHOR
Rhea Nath
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Add new comment