Challenger has announced that its funds management chief executive Ian Saines will be retiring from the investment management firm later this year.
Mr Saines has been in the role since March 2015 and has played a key role in the success of the funds management business, Challenger said in a statement to the ASX.
It said it has begun an internal and external search for his successor, with Mr Saines working closely with the appointee to ensure a smooth and seamless transition.
“Ian will retire from Challenger later this year confident in the knowledge that he has built a talented team with the depth, strength and capability to continue to grow the business and to capture the opportunities ahead,” said Challenger managing director and chief executive Richard Howes.
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