Risk People Updates

New Appointments

MLC Wealth welcomes chair

Former chief executive of BT Financial Group, Robert Coombe, is the new independent, non-executive chair of MLC Wealth. The role starts in July 2020. Coombe is also the chair of ASX-listed Generation Development Group, Tibra Capital, an independent director of CIMB Group, deputy chair of the Australian Indigenous Education Foundation and Surfing Australia, and a member of the advisory board of 5V Capital Investors.

Departures

FPA announces redundancies

The Financial Planning Association of Australia (FPA) has announced a five-year plan that involves job losses. The new strategy, named MAC, focuses in on members, advocacy and consumers, with an organisational restructure that means some roles are no longer required. It has not been revealed which jobs are to go.