Tria founder Andrew Baker to step down in generational change

After eleven years at the helm of Tria Investment Partners, which became part of NMG Consulting two years ago, Andrew Baker is passing executive responsibility for the business to Oliver Hesketh at the end of March.

The transition to Hesketh, who was also recently promoted to Partner at NMG Consulting, will be seamless. According to Mark Prichard, CEO of NMG Consulting; “Trialogue and Super Funds Review will continue to be published and not only will all of the big and little things clients have come to expect from Tria continue to be delivered, they will continue to get even better over time.”

Mr Hesketh has been with Tria since 2007, and has the distinction of starting as a consultant and rising all the way through the ranks. He is known for his deep expertise in asset management, and has become a leading part of Tria’s strategy proposition. Over the past 18 months, Mr Hesketh has taken on an increasing role in running the Tria business and has been integral to the recent integration of the two businesses. Mr Hesketh commented “I’m excited about the opportunity to lead and continue to grow Tria. We have an exceptionally strong team in place and I’m confident that Tria will continue to be a formidable and leading player in the consulting industry.”

Mr Hesketh will be supported by Mark Watmore who has been with Tria since soon after its foundation. Mr Watmore leads the implementation focus team and is also a Partner. His role has been expanded to include responsibility across NMG Consulting’s business lines in Australia, particularly identifying and executing opportunities for cross-collaboration between the NMG Consulting divisions.

A related change is Principal Consultant, Chris Hurst, moving to the London office of NMG Consulting in early March. Mr Prichard commented; “The addition of new perspective and experience to Chris’s already formidable asset management knowledge, strategy expertise and passion for the industry will be a real asset for our clients in Australia and beyond, in the years to come.”

Mr Baker will continue to be involved as a non-executive director of NMG Consulting and its parent, NMG Holdings, and as such will continue to support the ongoing success of the business and its people. Mr Baker concluded that “the main reason we are able to make these changes is the strength of Tria’s foundations. Tria is not built around any one person, including me. Although this transition is an important milestone, it’s really just another logical step in Tria’s progression and our aspiration to build the best consulting firm in the wealth, asset management and insurance industries. We’ve been able to hire outstanding people over the firm’s history and retain the great majority of them for the long term; their time to lead has arrived.”