Barclays Global Investors has announced key changes at the top of its organisational structure in Australia with chief executive Justin Wood stepping aside to focus on research and strategy development from the end of next month.
Wood will be succeeded by BGIA’s chief investment officer Morry Waked, who will hold both the CIO and chief executive roles.
In announcing the changes, BGIA emphasised that Wood had initiated the move after serving six years in the chief executive role.
Commenting on the changes, BGI’s global chief executive Blake Grossman said the company would be continuing its strategic focus on Australia.
