Lonsec announces key appointments

Yasmine Raso

Senior Journalist, Financial Newswire

8 February 2023

Lonsec Holding has made several new appointments across the firm to assist with the integration and strategy development of Implemented Portfolios Limited (IPL) in the wake of its acquisition in mid-2022.

The former Group Executive – Xplore Wealth at HUB24, Bruce Hawkins brings over three decades of experience across investment platforms, superannuation and life insurance to his new role of Chief Operating Officer at Lonsec.

Prior to taking on the role of the group’s new Head of Marketing and PR, Naomi Christopher was the National Manager – Marketing and Communications at IPL and joined Lonsec after the two firms merged.

As part of its commitment to improving its internal portfolio governance framework, Lonsec has also introduced a group Product Investment Oversight Committee (PIOC) to manage the risk management framework of IPL and Lonsec portfolios and appointed industry veteran Dr Steven Garth as its inaugural Independent Chair.

“Over the past six months, both the Lonsec and IPL teams have worked tirelessly to understand each business and client groups. I am excited about the growth plans we have for the coming year and the integration of our services to all clients,” Lonsec CEO and Managing Director of IPL, Mike Wright, said.

“Bruce has led this integration project and I am delighted that he is joining in a permanent capacity.

“I am equally delighted that Naomi is taking on the broader Head of Marketing and PR role across the group as she built IPL’s formidable marketing presence.”

Following the integration of the two businesses, Lonsec has also appointed two of its portfolio managers to the IPL Asset Allocation and Investment Committee (AAIC) which is responsible for managing the investment decisions regarding IPL portfolios, with Nick Field joining Lukasz de Pourbaix who originally joined in 2022.