The managing director of Morningstar Australia and New Zealand, Jamie Wickham, has announced his intention to depart the firm at the end of this month.
In light of the departure, Morningstar has also confirmed that Chris Galloway will transition to the new role of country leader for Australia and New Zealand.
Mr Galloway joined Morningstar in 2009 through its acquisition of Intech and has led the firm’s investment management group in Asia-Pacific since 2012.
He currently leads Morningstar’s wealth business including its adviser and individual investor facing businesses spanning advice software, research, managed accounts, and Morningstar Investor for individuals.
“Chris is a focused, capable leader, and is well positioned to support Morningstar’s growth plans in the region,” said Morningstar chief executive officer, Kunal Kapoor.
Commenting on his appointment, Mr Galloway said that he was excited to build on the growth momentum of the Morningstar Australia and New Zealand business.
“Our established strengths in research, data, and technology solutions will continue to drive opportunities for the business as we remain focused on delivering for our clients and empowering investors through an integrated suite of offerings,” he said.
Mr Wickham originally joined Morningstar in 2006 as part of the firm’s acquisition of Aspect Huntley and is said to have played a pivotal role in growing and leading its business in Australia.
He was appointed MD in 2017 after serving as Asia-Pacific head of products and solutions and previously leading the data business from Morningstar’s London office, along with holding a number of other roles over almost 17 years.
“I want to thank Jamie for his outstanding contribution to Morningstar. Since joining Morningstar, Jamie has helped grow and shape the Australian and New Zealand business,” said Mr Kapoor.
“His key strengths have been his strategic vision and strong leadership, supporting both our people and our clients while remaining committed to our independence and mission of putting investors first. Jamie leaves Morningstar well-positioned for the next phase of its growth. We wish him all the very best on his next career journey.”
Regarding his departure, Mr Wickham indicated that he does not currently have any plans for the future “other than looking forward to a well-earned break”.
“I feel very fortunate to have spent such a large part of my career working alongside wonderful clients and colleagues in a business with Morningstar’s mission, brand, and capabilities,” he said.
Jon Bragg
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.
