SYDNEY, AUSTRALIA: Insignia Financial (ASX: IFL) announce the appointment of Scott Hartley as Chief Executive  Officer (“CEO”) of Insignia Financial.

Scott joins Insignia Financial following an extensive search to replace Renato Mota, whose departure was announced in late October. Scott will commence in his role as CEO on 1 March 2024 and will join the company from 26 February 2024.

With over two decades of experience in the wealth management sector, Scott has a breadth of industry knowledge, most recently serving as CEO of AMP Australia. Prior to AMP, Scott was CEO of Sunsuper and led MLC’s corporate and institutional wealth businesses.

Commenting on the appointment, Allan Griffiths, Insignia Financial Chairman said: “Scott joins at a pivotal point in the business and his appointment is key to providing a fresh perspective as we continue into the next phase of executing on our strategy.

“Scott’s deep experience and strategic leadership will be critical as we continue to build on our established foundations and move forward with clarity and focus on the opportunities our market position and capabilities provide.

“On behalf of the Board I would like to welcome Scott and look forward to working together. I would also like to express my gratitude to Renato for his 20 years of service and dedication to the organisation, five of which as CEO.”

Incoming CEO, Scott Hartley said: “I am honoured to be chosen to lead Insignia Financial and excited to be joining Insignia Financial at this transformational time as it builds upon its strong foundations to support Australians to achieve greater financial wellbeing.

“Insignia Financial is uniquely positioned in the industry, with capabilities in advice, platforms, superannuation, and asset management, and a strong client focused culture which can be leveraged to create value for all stakeholders, including shareholders, clients, advisers, and members. Insignia has an exciting future and I look forward to working with the Insignia team to accelerate execution of Insignia’s strategy.”

Scott will also join the Insignia Financial Board as Executive Director.

Insignia Financial sells investment bond business to Australian Unity for $40m