Hillross managing director John McMurdo has resigned and will move to Centric Wealth as its CEO.
Hillross Financial Services managing director John McMurdo has resigned from the AMP-owned dealer group and will take on the role as Centric Wealth chief executive.
A Centric Wealth spokesperson confirmed that McMurdo will become the firm's chief executive.
Former Centric Wealth chief executive Michael Pillemer resigned in September last year with the group's chairman Philip Kelly acting in the role up until now.
An AMP spokesperson confirmed McMurdo had resigned and said Hillross had started a search to replace him.
In the meantime, Hillross head of growth and mergers and acquisitions Ray Djani would be acting in the role, the spokesperson said.
McMurdo took up the role of Hillross managing director in December 2006 and prior to that worked with AMP Financial Services New Zealand in a variety of management roles.
The two non-consecutive alphabetic letters encountered most often last week caused more controversy than the underlying policy they represented, Wouter Klijn writes.... read more »
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