netwealth Group appoints Kate Mulligan to board

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netwealth, one of Australia’s largest privately owned wealth management groups, today announced the appointment of Kate Mulligan to the netwealth Group board as a non-executive director.

Kate’s appointment brings the number of netwealth non-executive directors to 3 including Jane Tongs, a former PWC partner who is the netwealth chairman and former Mallesons Stephen Jaques managing partner, Davyd Lewis.

Commenting on the appointment Michael Heine, netwealth Managing Director, said: “I am very pleased that someone of Kate’s experience and industry standing is joining our board. Her strategic insights from senior leadership roles in platforms and funds management, as well as in nancial services law, will be a real advantage for us.”

Ms Mulligan said, “I am very pleased to join the netwealth board. As a diversied nancial services organisation, netwealth provides a very attractive proposition to the market place”.

She added, “In light of pressure from FOFA for all planners to provide impartial advice, I expect netwealth’s position as the leading non-institutional platform to be further enhanced.”

Kate has over eighteen years experience in senior leadership roles in the nancial services industry. She was appointed Managing Director on the boards of Advance and Ventura/All Star Funds Management, where she successfully created a boutique funds manager. She has chaired the Disclosure and Retirement Incomes Committees for the industry body, the (now) Financial Services Council, and is a qualified solicitor. She is also the Managing Director of King Irving Consulting Group, which provides services to the financial services industry.

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