Listed accounting and financial planning firm WHK Greenwoods is looking for a chief executive for its Melbourne firm following an internal restructure.
Kevin White, managing director of WHK Group, would not comment on the search but said it was a result of internal changes and growth. It is understood he will remain as managing director. The chief executive will be responsible for development and implementation of business plans, best practice and process and strategy. The firm is offering a package circa $300,000 and the position is based in Melbourne. WHK Group (formerly known as Investor Group) oft-stated growth strategy is via acquisitions. It most recently acquired Ray Clarke & Associates and S R Longney & Associates in Australia and Coffey Davidson and Burns McCurrach in New Zealand. It also recorded a record profit for the six months to end December last year of $10.77 million, which was a 16 per cent increase over the previous corresponding period.
The $34 billion Brighter Super is set to shift around $10 billion of assets from passive to active management. Chief investment officer Mark Rider says the move is possible because of scale created by mergers, and the fund will be looking to its newly appointed active managers to generate performance through the cycle by taking idiosyncratic risks.
Darcy SongJanuary 21, 2025
