Key changes at Australian Ethical

Australian Ethical chief financial officer, Mark Shanahan is departing the business prompting a management restructure within the organisation.

The business announced today that former National Australia Bank executive and current head of strategy at Australian Ethical, Rob Plow, had been appointed as chief operating officer, while current head of product finance, Mark Simons would be succeeding Shanahan as CFO.

Australian Ethical managing director, Phil Vernon thanked Shanahan and said he had played a critical role during a challenging period of change and growth in the organisation.

Simons joined Australian Ethical in 2017, prior to which he was with Challenger, including a period as chief financial officer for the listed and unlisted real estate and infrastructure funds.

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