New CEO at Centrepoint Alliance

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Centrepoint Alliance has appointed John Shuttleworth as Chief Executive Officer, effective immediately.

A statement from the company says Shuttleworth was previously General Manager of Platforms and Investments at BT Financial Group where he was responsible for $115bn in assets under administration and $40bn in funds under management.

John Shuttleworth.

It notes that he led the development of BT Super for Life, Australian’s first low-cost superannuation product. He also initiated and ran a large-scale technology transformation for the wealth business, BT Panorama involving redefining the product, technology, and service architecture for BT.

Centrepoint Alliance Chairman Alan Fisher says that over the last three years the company has focused on building and strengthening its licensee services through a period of significant industry change and that Shuttleworth will “…lead the company through our next phase of growth as we focus on expanding our service offering and digitising key services.”

The statement also notes that in the 12 months to 30 June 2021, the company has appointed more than 70 authorised representatives to its own Australian Financial Services Licenses. “This is a record for the company, ranking first amongst its peers for new advisers.”

Centrepoint Alliance says it’s  expected that Shuttleworth will join the Board in due course as the Managing Director.