Fund manager and superannuation provider, Australian Ethical Investment, has appointed Steve Newnham as its new Executive Director, Business Development.
“Steve has been a director of Australian Ethical for the past 12 months and has made an enormous contribution to the business. He has an extraordinary track record in our industry and his greater involvement with us will be invaluable as we look to continue growing our advisor and wholesale client base,” said Australian Ethical’s managing director, Phil Vernon.
“Steve’s appointment reflects our commitment to growth, expansion and development. Despite the significant challenges of an uncertain market and rapidly changing regulatory environment we see more and more investors and advisers demanding ethical and sustainable investment options.” said Mr Vernon.
“Steve brings over 20 years of expertise in marketing and distribution in the financial industry along with significant experience with community and social justice activities. As important to us is that his values are aligned with our company’s Ethical Charter, a set of principles that define our corporate behaviour, as well as our investment philosophy,” said Mr Vernon.
Prior to Australian Ethical, Steve has been involved with growing the distribution capabilities of companies such as Zurich Financial Services, Lonsec and BT Financial Group. He has held positions as chairman of a financial planning dealer group and director of a wrap platform and administration business.
In addition and throughout his career, Steve has worked on homeless shelter support schemes, indigenous fellowship programs, environmental and drought relief projects and mental health awareness initiatives.
“My values, interests and skills are tailor-made for Australian Ethical and I am looking forward to the opportunity of playing a part in this exciting, yet challenging phase of the company’s growth,” Steve said.
