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Tyndall develops autonomous focus

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Tyndall has built on its business and administrative support capabilities following its acquisition by Nikko Asset Management.

Tyndall has established an enterprise risk, compliance and legal division as part of the group's aim to become an autonomous funds management business in Australia and New Zealand.

As part of the move, Tyndall has made a number of senior appointments.

Craig Giffin has been appointed as head of risk, compliance and legal, covering Tyndall's Australian and New Zealand operations, while Nathan Harris has been appointed as risk and compliance manager for Australia.

Giffin joins Tyndall from Fortis Investment Management where he held the position of executive director.

While there, he was responsible for its enterprise risk management, compliance and legal activities as well as the development of its Asia-Pacific-wide enterprise risk program and overseeing its local product development. 

He has previously worked with ABN Amro Asset Management, Barclays Global Investors and St George Bank.

Harris has worked as an independent compliance and risk management consultant for more than 10 years.

Commenting on the new division, Tyndall managing director Craig Hobart said the hires wee a significant step in establishing the company as an "autonomous" funds management business.

"The importance of risk, compliance and prudential management as a key differentiator in funds management is often underestimated, and recruiting executives who understand the regulatory, compliance and business framework we operate in was a strategic priority for us," Hobart said.

"We expect to be announcing other senior appointments as we continue to build an independent business in Australasia."

Tyndall Investments is a wholly-owned subsidiary of Nikko Asset Management.