Milestone Financial has confirmed Chris Van Rensburg in the newly created position of group relationship manager.
Van Rensburg will be responsible for “leading, managing, and growing all aspects of Milestone Financial’s offering to their internal and external stakeholders”, according to a release.
Prior to joining Milestone, Van Rensburg has worked in various financial advisory roles including with Westpac where he spearheaded the bank’s KiwiSaver growth in the South Island.
After leaving Westpac in 2015 he worked with Loan Market, Partners Life and Advice Limited.
The native South African moved to NZ in 2004 following a career in banking and financial advice.
He is based in the Christchurch office of Milestone, which is on a growth trajectory ahead of the full licensing regime due to take effect next March.
The group operates as a national joint venture co-operative featuring five core firms, two ‘aligned’ businesses and 12 other practices using the group’s services but remaining under their own brands.
Overall, the network represents some $1.5 billion of investment assets and $5 million of annual recurring insurance revenue.
Elsewhere last week, US alternative investments firm Apollo Global Management named Matthew Perrignon to head its Australasian business.
Perrignon was most recently director of private funds group Australia and NZ for Swiss firm, Credit Suisse, where he spent almost 14 years in a number of roles.
In a more than 30-year career dating back to a decade-long stint at Macquarie starting in 1993, Perrignon has held several senior institutional sales roles for Perpetual Funds Management and Challenger.
He has been charged with growing Apollo’s institutional business in Australia and NZ where the group currently manages about A$8 billion including roughly NZ$400 million on behalf of the NZ Superannuation Fund.
Apollo said in a statement: “We continue to strengthen our talent bench across APAC, and we now have 10 people based in Sydney across both investment and client teams.”
The firm, which specialises in credit, private equity and real estate, reported US$515 billion under management globally at the end of June.