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Bennelong appoints new global CEO

Following an extensive worldwide search, Bennelong Funds Management is pleased to announce the appointment of John Burke as its new global CEO. He will succeed Craig Bingham, who has led the business for the past eight years.

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Mr Burke was previously the Global Head of Fidante Partners. He is a proven growth leader, with broad global experience through his time at Mercer, AllianceBernstein, Deutsche Bank, and more recently in establishing Challenger Investment Solutions before being appointed to his role at Fidante.

“We are delighted to welcome John as our new CEO,” said Bennelong’s chairman, Michael Dwyer. “He brings leadership strength in his track record as well as extensive knowledge of the funds management sector and will be a pivotal part of the next stage of our growth ambitions.”

Mr Burke said he was attracted to the role given Bennelong’s excellent reputation for bringing quality investment products to its customers.

“Bennelong is a high-calibre organisation, and I’m looking forward to sharing my experiences and perspectives with the board and the Bennelong team,” he said. “It will be a privilege to lead a company that is already known for the quality of its people and products, and I can’t wait to get started to help bring the best possible outcomes to Bennelong’s clients.”

Mr Burke will join Bennelong in the first half of 2023, allowing for a comprehensive handover and a smooth transition period as the business continues to work towards its 2025 strategic objectives.

Mr Bingham and the Bennelong board have spent the last two years actively planning his succession.

“I feel it’s time to pass the reins to the next leader,” said Mr Bingham. “I’ve enjoyed my time at Bennelong immensely and am very proud of everything we’ve achieved as a team.”

Mr Dwyer said, “On behalf of the board and the broader business, I’d like to thank Craig for his important contribution to Bennelong over the years. Since joining in 2014, he has facilitated significant growth of the business, establishing Bennelong’s offshore arm BennBridge in the UK and US, partnering with a number of boutique funds management teams across the globe, and growing assets under management and advice from around $5 billion in 2014 to more than $15 billion at 31 December 2022. We wish him every success in the next chapter of his career.

“Bennelong has a strong culture centred around its people, which will continue to be a cornerstone of our future growth and success. Our focus remains unwavering: to grow our boutique businesses and deliver the best possible outcomes for our clients,” Mr Dwyer said.