Insignia appoints Dave Woodall as superannuation CEO
The news: Insignia Financial has appointed Dave Woodall as CEO of its superannuation business, commencing on 1 November, as part of the wealth manager's recently announced "major overhaul" of its operating model and executive team.
The context: Insignia said Woodall will have end-to-end accountability for the company's master trust business, and will be responsible for product strategy, management and development, client operations, workplace solutions, sales and insurance.
Woodall was most recently chief commercial officer at Australian Retirement Trust, where he led its enterprise growth strategy, including strategic partnerships and merger and acquisition activities. He previously held roles at NAB, Plum, ING and AMP.
Insignia said the appointment is part of the company's recently announced restructuring of its operating model and executive team, with the new structure focused on four dedicated lines of business: asset management, superannuation, wrap platform, and advice.
What they said: Insignia CEO Scott Hartley said: "Insignia Financial's master trust business is a significant proportion of our business, as well as an area that provides a significant opportunity for profitable growth, and this is an area that Dave has a strong track record in."
"Dave's capabilities and deep commercial expertise will help propel the ongoing transformation of our organisation as we simplify our master trust business," he said.
Woodall said: "At a time where Australians are increasingly relying on their superannuation to deliver a comfortable retirement, I am looking forward to delivering innovative solutions, with great superannuation and retirement products."
The source: Insignia Financial media release