Boutique diversified investment company Bennelong Group has appointed Alison Watkins as its new chief executive.
Watkins replaces Mark Hardgrave who steps down after seven years at the helm.
Watkins is a former managing director of ANZ regional banking and currently non-executive director of Woolworths and the Just Group.
"We have been consistently growing the group as a business since establishment, and see Alison as the one to guide the organization to the next chapter of its history," Bennelong Group chairman Jeff Chapman said.
Bennelong Group was formed in 2000 and has commercial interests and real estate investments in the UK, Australia and the United States. It currently also has funds management and private equity arms and runs a charitable foundation.
In September, former IOOF and Standard and Poor's executive Jarrod Brown was lured to the group as chief executive for Bennelong Funds Management.
Bennelong Funds Management was set up in early 2006 and has about $500 million in funds under management.