- Insignia Financial (ASX:IFL) announces Renato Mota will step down from his role of CEO at the end of February 2024
- He played a crucial role in effecting substantial cultural and organisational changes and oversaw two industry-altering acquisitions
- Insignia Financial Chairman Allan Griffiths says the search for the next CEO has started
- IFL last traded at $2.08
Insignia Financial (ASX:IFL) has announced that the long-serving Renato Mota will step down from the role of CEO at the end of February 2024, by mutual agreement.
Mr Mota, who has dedicated two decades to the company and served as CEO for the past five years, was described as a pivotal figure during this time.
He played a key role in effecting substantial cultural and organisational changes and oversaw two industry-altering acquisitions.
“Having established a clear path for the next three years, I feel this is the right inflection point to provide the business with fresh perspective to continue the journey,” Mr Mota said.
“To have created an industry leader and purpose-led culture, driven by an ambition to improve the financial well-being of all Australians, is something I’ll always be proud of. I know I will leave behind an incredibly talented and passionate team who will continue to build the organisation for the benefit of all stakeholders.”
Insignia Financial Chairman Allan Griffiths said the search for the next CEO has commenced.
IFL last traded at $2.08.