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Austock adds equity head

  •  
By Alice Uribe
  •  
2 minute read

Austock has hired a former UBS equity capital markets senior staffer to further its expansion goals.

Listed diversified investment and financial services group Austock Group has appointed former UBS senior staffer Robert Thompson to head its equity capital markets division.

Thompson will create and build the group's equity capital markets business with the aim of developing it into one of Australia's pre-eminent mid-tier teams.

"Robert has displayed a passion to apply his management and business building skills to an emerging group such as Austock and we expect the outcome to be mutually beneficial," Austock deputy chairman Chris Sadler said.

Prior to his appointment, Thompson was a senior staff member at UBS Capital Markets for Greater China. He has more than 12 years' experience in investment banking in Australia and Asia, having also worked at JP Morgan and Merrill Lynch.

 
 

"Robert's experience in investment banking puts him in great stead to come straight in and contribute toward Austock's goals in equity capital markets," Austock managing director Tim Boyle said.

In June, Austock reshuffled its board following the departure of group chairman Bruce Bessemer, who stepped down from his position after 10 years.