Former Insignia Financial chief operating and technology officer Frank Lombardo has been appointed as CEO of MUFG Retirement Solutions for Australia and New Zealand.
Lombardo departed Insignia as part of its corporate restructuring announced last year.
He has over 30 years of experience in financial services including life insurance, superannuation, retirement and banking and will commence the role on 18 February.
MUFG Retirement Solutions, a subsidiary of MUFG Pension & Market Services, also announced the retirement of CEO Dee McGrath, who will step down at the end of FY25.
Prior to her retirement, McGrath will focus on the international businesses and work with Lombardo to ensure a seamless transition.