MLC has appointed Michael Downey as head of practice development across the company's financial planning division.
In a statement, the firm said Michael Downey brings 30 years of industry experience to the role and was most recently part of MLC's strategic accounts team.
"We're very excited to welcome Michael Downey to the role of head of practice development, where he will bring a wealth of experience from previous leadership roles," said MLC general manager of advice partnerships, Ross Barnwell.
"Mike's experience will be key in helping us deliver to our purpose of enabling advice businesses to deliver a valued and enduring client experience."
Mr Downey said he is looking forward to taking up the new leadership challenge.
"It's a great opportunity to work closely with MLC's advice businesses," he said.
"Leadership and executing strategies are a passion of mine, therefore the fit seemed natural in stepping into a position which is focused on using these skills.
"I'm excited to have been given the opportunity to lead the practice development team at MLC, which is renowned for being an industry leader in the space of practice management," Mr Downey said.
Investor confidence is on the rebound and the ASX hit a 12-year high on Monday. But it’s not all good news for the Australian economy. ...
While the Asia-Pacific region, excepting Japan, saw the world’s strongest dividend growth in the past decade, Australia has barely shown a...
One fund manager will release a new exchange-traded fund that will provide investors access to one of the fastest growing economies in the w...