NAB Wealth poaches ANZ executive

National Australia Bank has appointed head of ANZ Private Justin Greiner as the new chief executive of its stockbroking and financial advisory firm JBWere, following the departure of Paul Heath in June.

Greiner (pictured) will join the bank in February, reporting to NAB Wealth executive general manager of Wealth Advice John Flavell.

Greiner, whose previous roles include chief operating officer at Greenway Capital and head of financial planning at Westpac Banking Corporation, will be responsible for growing JBWere’s distribution network and enhancing the group’s value proposition to clients.

“His extensive executive experience combined with the capability of the broader NAB Group will allow JBWere to build on its established momentum and deliver an even stronger experience for clients,” Flavell said.

 

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Sequoia sells down Centrepoint stake as cash-raising plan takes shape

Sequoia sells down Centrepoint stake as cash-raising plan takes shape

After telling shareholders of material uncertainty over its ability to continue as a going concern and flagging plans to raise cash to shore up its financial position, Sequoia Financial Group appears to have kicked off that process with the sale of more than 15 million shares in rival Centrepoint Alliance.

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