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Netwealth names new CFO

Platform provider Netwealth has confirmed it has a new chief financial officer, after Bruce MacDougall departed.

Grant Boyle will take over the role of chief financial officer from Mr MacDougall, who is “opting for a change of lifestyle in the form of a tree change to his farm in West Gippsland”, a spokesperson for Netwealth said.

Formerly the chief financial officer of EMR Capital, Mr Boyle has a wealth of industry experience cultivated through a career spanning more than 25 years.

“Grant has had a long career working in the finance industry and has a very good knowledge and understanding of our business, so the handover should be seamless,” the spokesperson said.

Mr Boyle has held a number of leadership roles with a broad list of companies, including BlackRock Australia, Powerwrap and Phillip Capital, the spokesperson said.

“Prior to entering the funds/platform space, Grant was a finance manager with ANZ and a manager in the corporate recovery and insolvency division of Ernst & Young,” the spokesperson said.