Pendal nabs Morningstar MD as head of distribution
Pendal has nabbed Morningstar’s managing director, research strategy Australasia, Anthony Serhan, as its head of distribution, Australia.
Serhan has over 30 years’ investment and financial services experience, with several senior roles at Morningstar including chief executive officer, Australasia, and managing director, Ibbotson Associates (now Morningstar Investment Management).
Richard Brandweiner, chief executive officer at Pendal, said he was confident Serhan would provide the leadership required to help them execute on their sales strategy.
“His extensive commercial and technical experience from both an institutional and retail perspective, coupled with a strong understanding of investment markets and products, made him the ideal choice for the role,” he said.
Serhan would report directly to Brandweiner and commence his new role in late 2018.
Recommended for you
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.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.