Donat to step down from helm at Clime
![](https://financialnewswire.com.au/wp-content/uploads/annickdonat_1200.png)
Clime Investment Management has announced the departure of Group CEO, Annick Donat, after four years with the company.
In a statement made to the Australian Securities Exchange (ASX), the firm said Donat’s resignation from the position will come into effect from 31 July.
Donat first jointed Clime Investment Management as the former chief executive of the acquired Madison Financial Group in 2020, and was appointed Group CEO one year later.
“After four fulfilling years with Clime, I have made the decision to step down as Group CEO,” Donat said in the statement.
“Throughout this time, we have navigated an evolving market landscape, and I am proud of the resilience and dedication our team has shown. Together, we have achieved considerable progress in key areas.
“I want to extend my heartfelt thanks to our talented team, especially Kara Boden, COO, and Tushar Kale, CFO, for their exceptional contributions in reshaping the infrastructure foundations of the company. I am also grateful for the support and commitment of the extended leadership team.
“As I transition out of my role, I remain a committed shareholder and am confident in the company’s potential. I wish the business continued success and thank the Board, our shareholders, clients and our incredible team for their support during my tenure.”
The statement highlighted Donat’s contributions to the company during her time as Group CEO, having improved its managed accounts capability also spearheaded by CIO Will Riggall, inked several strategic partnerships to expand Clime’s market presence, participated in several not-for-profit (NFP) community initiatives and developed Clime Private Wealth as a holistic strategic advice offering.
ohh here it is this is all about collecting more fees....
ASIC is it not a priority to stop Dodgy Dixon’s MIS fiasco that you had 10 years & 60 complaints…
Seems to be a regular media post now from APRA that they work in cahoots with Life Insurers and Industry…
What an absolute joy this industry is.
That's why I resigned from the FAAA