Superannuation administrator software provider Financial Synergy has appointed a new chief executive.
Ken Galbraith was yesterday named the new chief executive and managing director of the Melbourne-based group, effective immediately.
Galbraith, managing director of information technology systems consultancy Circatec, replaced Robert Gould who has been with the group for almost two years.
"Robert Gould and the directors of Financial Synergy reached an agreement that due to a recent communication breakdown. The relationship was no longer tenable," Financial Synergy executive chairman David Orford said.
A non-executive director of Financial Synergy from April 2003 to 2006, Galbriath has worked with the group on a number of software projects since 1994.
Galbriath's Circatec group is to be integrated into Financial Synergy's structure.
"We already have a great working relationship with Ken, and felt that the strategic development of the Acurity platform and the cultural development and leadership of the Financial Synergy team would benefit further under Ken's leadership," Orford said.
"Ken's significant experience in the software industry will greatly support this focus."
Financial Synergy developed the Acurity software system, which provides administration services for the management of superannuation, self managed super funds, investment and post-retirement products.
