Ausbil Investment Management has made a number of changes to its senior leadership, appointing Ross Youngman as the business’ new chief executive.
Mr Youngman was formerly the head of institutional business with the company and has three decades of experience in the funds management industry, and takes over from Paul Xiradis.
Mr Xiradis will take on the role of executive chair, and will continue on in his capacity as chief investment officer and head of equities.
“I’m excited about the future of Ausbil and the improvements we have made within the leadership team, but most importantly the successful management of our client’s funds remains sacrosanct,” Mr Xiradis said.
“This repositioning is all about intensifying our pursuit of credible, long term outperformance.”
Additionally, the company has promoted former head of retail business Mark Knight to the role of head of distribution, with plans to hire a new senior institutional business manager in the near future.
Read more:
Super funds eyeing unclaimed $2.7bn
Trump tax cuts could benefit US exporters
After much speculation, NAB has appointed its new chief executive following the departure of Andrew Thorburn. ...
Credit rating agency Fitch Ratings has changed its outlook on Westpac and ANZ from “stable” to “negative”, following APRA’s updat...
International investment group Mayfair 101 is launching a new brand to focus on Australian customers and provide diversified international i...
Get notifications in real-time for staying up to date with content that matters to you.
