Cardena appoints new head

— 1 minute read

Boutique wealth management and advisory firm Cardena Private Wealth has selected its managing director, a newly created role in the company. 

Ray Djani

Ray Djani will be taking the role, having worked with the organisation for three years in a consulting capacity and has held a board position.

Cardena said Mr Djani will work closely with Cardena’s financial advisers and staff to support client engagement activities, manage alliance relationships, business development and the operational efficiency of the business.


In addition, he will also be responsible for the firm’s strategic growth plans and marketing.

Reflecting on the recent royal commission report, director Jonathan Kilborn said there will be far more ongoing scrutiny and focus on the activities of Australia’s financial service industry. 

“In this environment of change and introduction of new academic requirements – many mature age practitioners have announced they will retire rather than continue under the new regime,” Mr Kilborn said.

“The appointment of Ray as MD has been timely as it reaffirms to Cardena clients our commitment to their ongoing financial well-being and aspirations by positioning the practice for long-term sustainability with an industry and business professional in this key role.”

Mr Djani said: “I’m excited to be taking on the role of managing director for Cardena and continue the incredible work Iain and Jonathan have done building a very unique and professional advisory business”.  

“Our goals for the future are to continue to provide the highest standards of financial advice and exemplary service to our clients. Furthermore, we will be on the lookout for selective opportunities and strategic alliances that are a cultural fit and that provide a benefit to our clients”.

Jonathan Kilborn and Iain Reid concluded, “By having an extensive senior management team with backgrounds in professional services, advice and the financial services sector, we’re confident Cardena has the people, culture, strategy and commitment to constantly evolve client services to be at the forefront of a rapidly changing landscape.”

The business, formerly known as Arrive Wealth Management, was relaunched in November 2016 as Cardena Private Wealth, extending its services and offerings for its high-net-worth clientele.


Cardena appoints new head
Ray Djani
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Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].

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