Madison Financial Group names CEO

Madison Financial Group has announced the appointment of Annick Donat as its new chief executive officer, effective March 2017.

Donat, who has close to 25 years' experience in the financial services industry, was previously the head of licensee development at BT Financial Group. Prior to that she held roles with MLC Limited.

Commenting on her appointment, Madison Financial Group chair, Tony Hartley, said: "Following a Board determination that it was time to hand the baton of responsibility for the company's strategic direction, from its founding Executives, to someone with shared values and entrepreneurial drive, it was determined that Annick had the unique skill set and mindset to refresh and lead the business."

Donat added: "I am excited about the opportunity to lead Madison Financial Group. The company has strong values, is nimble, innovative and is underpinned by an ethos of looking after Australian families through great advice. This aligns with my values. I look forward to facing the opportunity and challenges before me and supporting the practices we serve as time progresses."