Risk People as at 7 April 2020
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New Appointments
Westpac welcomes new CEO
The current acting chief executive of Westpac, Peter King, is to become the permanent CEO. The role is contracted for two years. King has been with Westpac for the past 25 years.
AIA Australia appoints chief life insurance officer
Ben Walsh is AIA Australia’s new chief life insurance officer. Walsh is the current managing director and CEO of Mercer Australia and New Zealand.
Count Financial appoints head of professional standards
Moving across from IOOF, Phil Creswell has been appointed to head of professional standards at Count Financial. Creswell worked previously to develop the Financial Planning Association of Australia’s code of ethics, with Countplus CEO Matthew Rowe.
ClearView welcomes new head of advice
Nick Howell is the new head of advice at ClearView, moving across from Westpac as operations manager.
FASEA reappoints directors
Professor Mark Brimble and Dr. Simon Longstaff have both been reappointed to the board of directors of the Financial Adviser Standards and Ethics Authority. Both are part-time directors, appointed for another three years.
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Departures
Centrepoint Alliance loses two executives, leadership sees pay cuts
Acting chief financial officer, Peter Loosmore, and chief technology and marketing officer, Richard Lea, are both leaving Centrepoint Alliance. Loosmore, who has left already, was with the company since late 2018. Lea is taking on a new industry appointment but will transition out of his role. The board has announced some cost-cutting changes, with all staff working from home and the board and executive team taking a 20 per cent pay cut. Non-executive staff have been ‘invited’ to salary sacrifice six weeks’ leave over six months.
