Former Australian rugby union captain Phil Kearns will step down from the CEO position at Centric Wealth, following the non-aligned advice company’s acquisition by Financial Index in February.
Mr Kearns will be departing the $8 billion FUA company on 30 June, explaining the “time is right” for him to move on to another opportunity.
"I am very proud of the result we achieved for Centric Wealth, its staff and clients,” Mr Kearns said.
“The team was incredibly diligent in their commitment and unwavering client service. This focus has delivered the success Centric Wealth has achieved to date and positioned the business for its next phase of growth.”
Findex Australia Pty Ltd completed the purchase of Centric in February for a reported figure of $130 million.
"Phil and the Centric Wealth team have transformed this business and now we have a vision to take it to the next level,” said Findex CEO Spiro Paule.
“The achievements of the Centric Wealth team to date will enable us to achieve our future goals and we want to add to that great work to make an even better company.”
more to come
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 20 Oct 2017Parliamentary insurance group formedBy Staff Reporter
- 20 Oct 2017Treasurer introduces BEAR legislationBy Aleks Vickovich
- 20 Oct 2017Westpac to refund $65m to customersBy Annie Kane
- 20 Oct 2017Survey tips independent takeoverBy Aleks Vickovich and Jessica Yun
- 18 Oct 2017AFA suffers budget blowoutBy Killian Plastow
- 18 Oct 2017ISA ups ante on governance lobbyingBy Aleks Vickovich
- view all