Wayne Handley, the Founder and MD of Bombora Advice, has been appointed Executive Chairman of the firm, with Niall McConville taking up the role of MD.
The changes, effective from 1 July 2025, follow news that Kevin Martin has stepped down as Chair, although he will continue as a board member.
Martin has served as Chair since January 2016 and McConville has been a member of the Bombora board since April 2024.
Handley said it’s exciting times and the strategic business opportunities for Bombora “are immense”.
“I’m looking forward to positioning the organisation for continued success and growth,” he said.
In welcoming McConville as Bombora’s new MD, Handley described him as a seasoned financial services executive with a track record spanning two decades in advice, insurance, distribution, and strategy.
“Niall was responsible for numerous functions including sales, new business, underwriting, claims, and service – and played a role in helping to shape the future of financial advice in Australia,” said Handley.
McConville said his focus will be the next phase of Bombora’s journey “…that will include enhancing operational efficiency, capitalising on growth opportunities in the life insurance sector and improving both adviser and client experiences”.
