Rice Warner’s chief executive has stepped down after 30 years, with the former Australasia head for Willis Towers Watson to take over.
Andrew Boal has commenced in the role, replacing Michael Rice, who will be remaining with the firm as an executive and board member.
Mr Rice was said to step down from leading the company to focus on working for a few key clients and on public policy initiatives.
Mr Boal has worked within the financial services industry for more than 30 years, also being the chair of the conference committee at the Association of Superannuation Funds of Australia (ASFA) and chair of the Retirement Strategy Group at the Actuaries Institute of Australia.
“I have known and respected Andrew for many years. I am delighted that he has chosen to take this role,” Mr Rice said.
“At a time of industry turmoil and rapid change, Rice Warner will be well positioned to continue to support our clients with Andrew at the helm.”
Mr Boal commented: “I respect and appreciate Michael’s contribution to our industry over the last 30 years and admire the successful business he has built.
“Rice Warner has an incredibly talented team and energetic culture. Our momentum will continue during this transition, as we collectively remain focused on being one of Australia’s leading strategic consultants.”
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