Centrepoint nabs Shadforth chief executive


By Sarah Kendell

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Independent financial services group Centrepoint Alliance has appointed the chief executive of Shadforth Financial Group to head the business following the departure of chief executive John de Zwart in August.

In a statement, Centrepoint said Angus Benbow, who had led Shadforth for two years, would come on board as chief executive of the group in April next year.

Centrepoint chair Alan Fisher said he was delighted to welcome Benbow to the company.

“His proven leadership skills and passion for quality financial advice make him a great addition to the Centrepoint team,” Fisher said.

Benbow said it had been a privilege to lead Shadforth following its acquisition by IOOF in 2015.

“However, an opportunity has presented itself that offers a very flexible platform from which to truly innovate in the Australian advice marketplace,” he said.

“To be able to lead in an environment of autonomy coupled with access to capital and a peerless capital partner ultimately made this role too attractive to pass up.”

Benbow added that in too many cases incumbent technology and legacy systems were shackling the advice profession from truly servicing clients’ needs.

“I’m excited for the opportunity to lead a business which is truly client led in what I believe will become an increasingly fragmented advice sector,” he said.

Prior to his role at Shadforth, Benbow had held senior roles at Perpetual, NewsCorp and consulting firm Booz Allen Hamilton.

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