News - September 24th, 2015

Media Release | Infocus adds to Board of Directors

by Infocus

Infocus Wealth Management Limited today announced it had appointed experienced director and senior executive Karen Smith-Pomeroy to its Board of Directors.

Chairman of Infocus Wealth Management Darren Steinhardt said “Karen joins our Board of Directors as an independent non-executive director, with particular expertise in risk and governance.  With an executive career in the financial services sector spanning more than 30 years, Karen brings exceptional depth of capability to our Board”, he said.

Karen was most recently a senior executive with Suncorp Group, including a period from 2009 to 2013 as Chief Risk Officer of Suncorp Bank.  She is currently a director of Queensland Treasury Corporation (which manages Queensland’s state and public sector funding and refinancing requirements); National Affordable Housing Consortium (a not for profit organisation providing affordable housing throughout Australia); and an audit and risk committee member of the Queensland Government Department of Infrastructure, Local Government and Planning.  Karen is also a Queensland Advisory board member of Australian Super, Australia’s largest industry super fund.  She is a Fellow of the Institute of Public Accountants, a Fellow of FINSIA, a Member of the Australian Institute of Company Directors and a member of ASFA.

“Karen’s appointment is a key part of our process of Board renewal, expanding and diversifying our governance capability and experience to lead our organisation on its next phase of growth”, Steinhardt said.

About Infocus Wealth Management Limited

Infocus is an independently-owned national wealth management group delivering financial advice, funds management and technology solutions.

The financial advice division includes an adviser network of around 180 Financial Advisers across two dealer groups, Infocus Securities and PATRON Financial Advice.  Infocus and PATRON advisers are located in 118 practices across Queensland, New South Wales, ACT, Victoria, South Australia and Western Australia, providing financial planning advice to over 55,000 retail clients nationally.  Group funds under advice are around $4.4Bn and risk premiums under advice around $67M.

The funds management division directly manages around $290M via subsidiary Alpha Fund Managers.  The technology division’s focus is on proprietary CRM and advice generation software, PlatformPlus, which has over 740 users nationally.

Enquiries in relation to this media release can be directed to Rod Bristow, Managing Director Infocus Wealth Management, on 1300 463 628.

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