Mr Stewart will assume responsibilities for Allianz Australia Life Insurance Limited and Allianz Retire+ Powered by PIMCO (Allianz Retire+), taking over from Matthew Rady, who will be leaving the business.

Mr Stewart was formerly Head of Client Management, APAC ex-Japan for PIMCO and before that, Head of Australia and New Zealand for the firm. During his tenure at PIMCO, Mr Stewart founded Allianz Retire+ and has served as a Board Member since 2018.

David Plumb, Chairman of Allianz Australia Life Insurance Limited, stated: “I would like to thank Matt for his strong leadership in guiding the Allianz Retire+ team through the successful transition from project to business across his three-year tenure. Matt leaves having built a solid platform for the company and we wish him every success in the future.

“In appointing Adrian as acting CEO, the Board is instilling a proven leader with a deep understanding of the worldwide capabilities of the Allianz Group in retirement income and life protection solutions. Adrian’s strong track record in growing client-focused financial services businesses in the Australian market keenly positions us for significant growth.”

Adrian Stewart commented: “The unique capabilities across this business deploying the global resources of Allianz are unrivalled and present a significant opportunity in meeting the long-term retirement income and life protection needs of Australians.

“Since launch, the team has built a strong market presence and established key distribution channels. Our focus will be to continue this momentum, ensuring we offer our partners a broad suite of innovative and market-leading products.

“I look forward to working with the team to deliver on our strategic objective of expediting our product development capabilities and deepening our client partnerships across the institutional and wealth management channels.”

Mr Stewart brings over 28 years of investment and financial services experience to the firm. Before joining PIMCO in 2014, he was the head of wholesale distribution, marketing and product management at Macquarie during his seven years with the Australian bank.

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The appointment of Ms Evans reflects her extensive international executive and non-executive director experience, spanning more than 30 years across investment and wealth management, as well as healthcare operations.

Ms Evans’ non-executive director experience covers private, social enterprise and government advisory boards and board committee experience including risk, audit and remuneration. She is currently a Non-Executive Director on the boards of Healius, Rest and Oceania Healthcare; and is an Advisory Group Member of EveryAge Counts and Aged Care Quality and Safety Commission.

Ms Evans’ previous Senior Executive roles include Head of Retirement, AMP; Investment Director, Aged Care AMP Capital; Investment Manager, Aged Care Westpac Institutional Bank; and Asia Pacific Healthcare Director Compass Group plc.

Allianz Retire+ Chairman, David Plumb said: “Sally’s leadership and significant experience working in the retirement, ageing and healthcare sectors serves to greatly enhance the diverse expertise on the Allianz Retire+ Board.”

“Sally possesses a deep understanding of our operating environment, spanning the breadth of challenges that come with retirement. Her strong commercial acumen and proven track record in delivering sustainable financial and social outcomes will be of tremendous benefit to Allianz Retire+, as the business enters its next stage of growth.”

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Naomi Christopher and David Plumb.

Australian based Managed Discretionary Accounts provider, Implemented Portfolios Limited (Implemented Portfolios) has announced the strategic appointments of Naomi Christopher to National Manager – Marketing and Communications, and David Plumb as independent non-executive director.

The company celebrated reaching $1Billion in Funds Under Management, as well as bolstering its senior management team back in March of this year. It has since experienced further accelerated growth – recording $1.19Billion in Funds Under Management as of this week. With the appointment of Naomi and David the company aims to continue this momentum as it prepares for some major upcoming projects and potential announcements.

Naomi brings to the Implemented Portfolios team a diverse range of Marketing, Communications and Public Relations experience and a career in Financial Services spanning over ten years. She has previously held similar roles at companies – Midwinter Financial Services (now owned by Bravura Solutions) and Funds Ratings Research house – SQM Research.

David joins the Board with extensive experience in similar roles also – holding Board positions across the financial services industry. Examples of these include Chairman of the superannuation trustee board at Westpac / BT Westpac and Chairman of Allianz Retire+ (a joint venture company between Allianz and Pimco issuing specialist retirement products). David also sits on the Board of a major NSW government body – iCare.

Naomi is delighted to be joining Implemented Portfolios, saying “It’s exciting to be entering such an innovative organisation amidst a time of significant change in the financial services industry.

“I have a firm belief in the leadership and the whole team at Implemented Portfolios, as well as their philosophy towards the present and future of investment management and financial advice. Most importantly I’m a big believer the positive outcomes their unique service is bringing to advisers and their clients.”

Chief Executive and Chairman of the Board at Implemented Portfolios – Greg Kirk is extremely pleased to make this announcement, saying “Both appointments will add significant specialist skills to the Board and the Executive, at a critical time in the evolution of our business.”

“Importantly, Naomi and David do not only bring successful career experience – they share an unrelenting conviction for ensuring that our clients end up living their one best life though the services that Implemented Portfolio delivers.”

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Matt Rady

Allianz Retire+ Powered by PIMCO (“Allianz Retire+”) has announced Matthew Rady as its CEO and three industry experts as independent non-executive directors.

Patria Mann, David Plumb (who will serve as Chairman) and Hon. Bernie Ripoll will join the Board as independent non-executive directors.

This announcement follows the launch of Allianz Retire+ in May, a new business that combines the expertise of Allianz’s global life insurance business with PIMCO’s global investment management experience to deliver the next generation of retirement income solutions.

In his new role, Mr. Rady will be responsible for leading Allianz Retire+’s business in Australia, including launching its first retirement income product later this year. He will assume his responsibilities immediately and Adrian Stewart, Head of PIMCO Australia and New Zealand, who has been acting as interim CEO, will become a non-executive director to the Board.

Mr. Stewart said: “Matt is an exceptional executive with the industry expertise, client orientation and leadership skills to position Allianz Retire+ for long-term success.”

Mr. Rady said: “It’s an honour to be chosen as CEO and to represent and lead such an exceptional business. Along with our talented team, I look forward to helping our clients meet their unique retirement income objectives.”

“As the demand for retirement income continues to develop, Allianz Retire+ is well-positioned to deliver best-in-class retirement income solutions and services,” he added.

Mr. Plumb, Chairman of the Board, said: “The Board includes diverse attributes that will enable it to oversee and guide management – deep financial and commercial acumen and a strong mix of skills and industry experience.”

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