Former BT Group Licensees head of licensee development Annick Donat has been appointed as chief executive officer of Madison Financial Group.
Ms Donat stepped down from the role she held at BT for nearly three years in January, and on 7 March was named by Madison Financial Group chair Tony Hartley as the dealer group’s new chief executive.
“Following a board determination that it was time to hand the baton of responsibility for the company’s strategic direction, from its founding executives to someone with shared values and entrepreneurial drive, it was determined that Annick had the unique skill set and mindset to refresh and lead the business,” Mr Hartley said.
“Over the past decade, the outgoing executive team took Madison from a micro licensee that supported a handful of advisers, with a minimalist service offer, to one of Australia’s premier non-institutionally owned firms. In that time, the firm’s funds and premiums advised on grew dramatically, as did the numbers of advisers it services and the range of support services it provides.
“With close to 25 years of experience across a number of senior roles within BT and MLC, strong involvement in the various industry bodies and a passionate belief in advice and advisers, we are delighted Annick has accepted the CEO’s role and the challenge of taking the group into the next decade of its journey.”
Commenting on her appointment, Ms Donat said, “I am excited about the opportunity to lead Madison Financial Group.
“The company has strong values, is nimble, innovative and is underpinned by an ethos of looking after Australian families through great advice. This aligns with my values. I look forward to facing the opportunity and challenges before me and supporting the practices we serve as time progresses.”
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