Following a vacancy of almost six months, Australian Unity Investments (AUI) has hired Adam Coughlan as retail general manager.
He replaces the late head of distribution and product Alan Miller, who died from a brain tumour in November.
Coughlan has more than 15 years financial services experience. He was most recently Colonial First State's head of national accounts and research relationships.
AUI chief David Bryant, head of distribution support Leanne Kyle and Queensland regional manager Tony Harte have covered Miller's role since his untimely passing.
"We wanted to take our time. We had some really high calibre people come forward and express interest. It was just about having a sense [of someone who could] fit in with our organisational values, culture and the way we work.
It was not just about skill, but personality, attitude, outlook and rapport with others," Bryant told InvestorDaily.
Coughlan will join AUI in mid June and will commute from Sydney to Melbourne before making a permanent move.
He has also worked with BT Financial, Schroder Investment Management and Westpac Custodian Nominees.
"We really do have some of the best investment manufacturing in the market and we need someone with Adam's skills to make sure we're getting these products in front of the biggest dealer groups," Bryant said.
AUI has $5 billion in funds under management.
