Zurich has appointed two Macquarie Life personnel ahead of its significant re-entry into the life insurance market through its anticipated acquisition of Macquarie Life in October.
Daniel Longden will join Zurich as its head of strategy and propositions in the life and investments executive team, and Dave Evans will join as national sales manager for retail risk.
Longden's role would include overseeing the development and implementation of strategy and key initiatives, as well as proposition management and development across Zurich's life risk and investment portfolios.
Longden has 20 years of financial services experience and was currently head of commercial management, and a member of the Macquarie Life board.
Evans would be responsible for driving sales across Zurich's life insurance product range. Evans joined Macquarie in 2010 and was most recently the Queensland state manager for wealth management, covering both wrap and risk.
Zurich life and investments chief executive, Tim Bailey, said the acquisition would shape its business into a leading market competitor.
"Daniel and Dave's talent will both balance and bolster the capacity already within Zurich, and ensure that we maintain and enhance the level of service we offer to our combined group of customers and advisers," Bailey said.
Both will join Zurich on 1 October, the same date targeted to finalise the Macquarie Life acquisition.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.