PSI Group has announced that the former co-founder and managing director of OnePath-owned Oasis Asset Management, Wayne Lowe, will take on the role of chief executive officer (CEO) of the group.
Lowe replaces Paul Kolatchew, who left the Newcastle-based superannuation and financial planning group in March 2010 to join ING Australia (now OnePath) as business development manager of group risk.
Lowe comes to PSI group with more than 23 years experience, most recently as chief operating officer of superannuation and investments for ING Australia (now OnePath).
Lowe said he was pleased to be part of PSI as it enters an exciting period in its development.
“It’s quite different running a company with 40 people after running a company with 160 people, but I’m finding it very interesting,” he said.
Of the appointment, PSI chairman Graham Poole said that Lowe’s proven track record in developing and leading successful businesses will ensure the foundations of the company.
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