IOOF names CEO

Renato Mota
RENATO MOTA
Insignia Financial Ltd - Chief Executive Officer
APPOINTMENT
INSIGNIA FINANCIAL LTD
Date: June 2019
Position: Chief Executive Officer

IOOF has announced to the ASX the appointment of Renato Mota as chief executive officer of the IOOF group, effective immediately. He has also joined the IOOF board as managing director.

Mota, who first joined IOOF in 2003 and served as group general manager, wealth management from December 2015, was appointed as acting CEO in December 2018 following the resignation of Christopher Kelaher.

Commenting on Mota's new role, IOOF chair Allan Griffiths said: "The appointment of Renato as CEO marks a new era as we reset the business and focus on the future."

He added: "Renato's mandate will be to continue the change program he commenced as acting CEO, to re-shape our business and adapt our culture and capability to suit the evolving wealth management environment."

IOOF has also announced the appointment of Andrew Bloore as an independent board director, effective 2 September 2019.