In a statement to InvestorDaily, a Lonsec spokesperson confirmed that former Lonsec head of institutional sales John Murray has taken the reins at Lonsec Stockbroking.
Having headed up the insto sales business since 2011, Mr Murray previously spent 19 years at Bell Potter in an institutional sales role, and is now refocusing on distribution to the IFA and financial advice dealer group markets.
Former Lonsec operations manager Jacqueline Moore has also joined the Lonsec Stockbroking team in the role of chief operating officer.
“Jacqueline has 15 years’ experience in financial services, spanning operational roles in Institutional, Retail and Wholesale broking and was most recently at Morgan Stanley Wealth Management as senior manager, operations,” the statement said.
“Lonsec recognises the importance of continued investment in the operational element of the broking business.”
Former Lonsec Stockbroking chief executive David Wylie and Lonsec general manager, sales and marketing, Jeremy Pree moved to IOOF-aligned Ord Minnett in August.
