Pengana CFO & longest-serving employee calls time

Pengana Capital’s chief financial officer (CFO) Katrina Glendinning has announced she will step down from the firm’s executive team before the end of this year, making way for the promotion of Pengana’s financial controller.

The outgoing CFO, who has served with the ASX-listed funds management firm since it was founded in 2003, was praised for her “strong governance and regulatory leadership, technology, comprehensive audit and risk oversight, responsible investment and corporate strategy”.

Pengana chief executive Russel Pillemer hailed her role in developing the firm’s emerging leaders and “significant and positive cultural impact”.

Glendinning will transition to non-executive board directorships.

Longstanding financial controller Mirjana Crnjak, who has worked closely with Glendinning for nearly 20 years, will step up to the CFO role.

Pengana recognised Crnjak’s “strong expertise in financial reporting and analysis, tax planning and strategy, cost and cash management and internal controls”.

Glendinning said of her colleague: “I’m delighted that Mirjana succeeds me in this role. [She] has a deep knowledge of the business, has built a reputation for exceptional financial acumen, strong technical analysis, and an analytical mindset, all essential attributes for success in her new role.”