John McMurdo appointed CEO of Centric Wealth
Feb 3, 2010
Leading wealth advisory firm, Centric Wealth Limited, has announced the appointment of Mr John McMurdo as Chief Executive Officer.
Mr McMurdo joins Centric from AMP’s Hillross Financial Services, where he was Managing Director. He was previously head of AMP’s life insurance business and marketing in New Zealand, and before that held senior positions in strategy, marketing and commercial banking with NAB/BNZ.
Centric Chairman, Mr Philip Kelly, said: “The Board is very pleased to have an executive of Mr McMurdo’s calibre joining the firm. There was great interest in this position from very high quality candidates. John’s skills and broad experience in financial services are an ideal fit for our requirements.
“John’s track record in marketing and growing businesses is particularly important. Centric knows how to provide excellent professional advice. Our challenge is to deliver that service to many more Australians who may not know us yet. Centric is taking a stand for good advice. John will lead the company on that mission.”
Mr McMurdo said: “What attracts me is that Centric is determined to make a real difference and cement its position as market leader in the growing, professional advice sector. I am looking forward to this exciting leadership challenge”.
More information:
Philip Kelly Carden Calder / Jo Cross
Chairman BlueChip Communication
Centric Wealth t: 02 9018 8600
t: 02 9250 6576 m: 0403 333 904 / 0421 521 849
Notes to editors
About John McMurdo
June 1998 - Feb 2010 AMP Financial Services
Nov 2006 - Feb 2010 Managing Director, Hillross Financial Services Limited
Jan 2003 - Nov 2006 General Manager, Life Insurance, AMP New Zealand
Jan 2000 - Jan 2003 General Manager Marketing, AMP New Zealand
June 1998- Jan 2000 Marketing Manager, AMP New Zealand
July 1997 - June 1998 National Australia Bank Group
July 1997 - June 1998 Corporate Strategy, NAB Group, Melbourne
1986 - July 1997 Bank of New Zealand
1996 - July 1997 Head of Product Management, Marketing & Distribution
1993 - 1995 Product Management, Marketing & Distribution roles, NZ
1986 - 1992 Various commercial banking roles, NZ
About Centric Wealth
Centric Wealth is one of Australia’s leading, non-institutionally owned wealth advisory firms focusing on higher net worth clients.
It has approximately $5 billion in investment assets under advice (AUA).
Centric’s network of 59 advisers provide services across financial planning, risk insurance, corporate benefits, lending, accounting and business advisory, general insurance and family office requirements.
The firm also has services in portfolio administration, private capital and private investment solutions.
The group has one of the highest AUA amounts per adviser, but with one of the lowest number of clients per adviser in the Australian financial planning industry.
Centric Wealth Advisers Ltd is an Australian Financial Services Licensee No 243 253.