IOOF Holdings’ merger with Australian Wealth Management (AWM) has claimed the role of its general manager of operations.
Paul Rohan, head of operations at IOOF, will exit the company on July 10 after his responsibilities were split between AWM’s chief information officer and general manager of operations.
Rohan’s administration and fund accounting duties will be managed by Stuart Steele, AWM general manager of operations, while his IT and projects responsibilities will be taken on by chief information officer Andrew Todd.
The merger, which will see IOOF emerge as the major corporate identity, has caused an ongoing restructure at the senior levels of both companies, including the departure of IOOF’s chief executive, Tony Robinson.
Chris Kelaher, formerly the managing director of AWM and now boss of IOOF, could not be reached for comment about the organisational changes being made during the merger.
Before the merger was announced, Rohan was busy overseeing the integration of Global One, the former Australian Skandia business, into IOOF. This involved performing due diligence, integration planning and execution, before ultimately running the day-to-day business of Global One.
After his former operations role at IOOF was made redundant, the company offered a range of roles to Rohan. But he turned these down because they involved either extensive interstate travel or diminished responsibility.