Home-grown fixed income investment firm FIIG Securities has hired from Credit Suisse’s wealth business to replace its founder and managing director, Jim Stening.
Alex Welch will start as FIIG’s CEO on Monday and work out of the firm’s Sydney offices.
Prior to this, he spent nearly a decade at Standard Chartered Bank, ending as the group head of capital markets and management investments within the wealth management unit. “The Board is confident that Alex’s leadership will be of significant benefit to FIIG Securities financial outcomes and that he can unlock the full potential of the business,” he said.
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