BTIM hires Challenger exec for new group head role

Her appointment follows the establishment of BTIM's new global executive committee, created to "provide leadership and management bandwidth to enable the continued growth of the business."


Platypus Asset Management CIO steps down

The chief investment officer and co-founder of Australian Unity boutique Platypus Asset Management, Donald Williams, is stepping down from his responsibilities for health reasons.


BSI Group CEO resigns; board member to take reins

Earlier on Tuesday, MAS said it is withdrawing its approval for BSI Bank, BSI Group's Singapore subsidiary whose employees have been embroiled in investigations into fund movements related to Malaysian state fund 1Malaysia Development Berhad (1MDB).


ANZ eliminates Michael Luk's DCM head role

The move comes after ANZ, Australia's fourth-largest lender, said this week it had cut 200 jobs after posting its largest half-yearly decline in cash profit since the financial crisis.