IOOF dealer group head resigns

IOOF dealer group head resigns

IOOF general manager for dealerships Mick Farrell has resigned, prompting a reassessment of the company's senior executive organisational structure.

An IOOF spokesperson confirmed Mick Farrell resigned last month following a three-year stint at the company in which he oversaw a "significant improvement" to IOOF's advice businesses.

Mr Farrell decided to return to his consulting practice and to continue advising clients across Asia, the spokesperson said.

"Mick originally joined IOOF in early 2013 on a two-year contract to help integrate and effectively position IOOF's flagship advice businesses such as Bridges, Consultum and Lonsdale," the spokesperson said.

"He stayed on to assist with the integration of Shadforth Financial Group, incorporating Plan B, and Western Pacific over the past 12 months."

As a result of Mr Farrell's departure, IOOF's senior executive organisational structure was reassessed and the role of group general manager for wealth management was created to "align capabilities and continue the evolution of advice and services strategies".

General manager of distribution Renato Mota has taken up this role. Within the new structure, each dealer group CEO will report to him, the spokesperson said.

Read more:

Asia ex-Japan M&A at record highs

Caution on China overdone: Nikko AM

'Hard earned' returns for corporate bonds ahead

Related Articles


IOOF dealer group head resigns
investordaily image
ID logo
promoted stories


Tania Cummin

Equip Super appoints strategy and markets executive

Staff Reporter

Paul Harding-Davis

Premium China Funds Management names new CEO

Jessica Yun

Matthew Wallis

Synchron appoints new state manager

Staff Reporter


investordaily image

A correction, not a turning point

James Swanson

Martin Dropkin

Why bond covenants matter

Martin Dropkin

Maurizio Canton

Striking a balance between security and innovation

Maurizio Canton