Funds manager La Trobe Financial is expanding its operations in NSW.
PRLog - Oct. 24, 2013 - SYDNEY, Australia -- Due to the company’s growth in the Sydney market, La Trobe Financial is pleased to announce it has moved to larger and new premises at the Chifley Tower, the city’s central financial district.
La Trobe Financial intends to continue to expand its footprint in the Sydney market, having recently appointed a new Senior Manager Client Partnerships to the existing team of 123 national staff and intends to further increase the Sydney team on the ground staff in the coming months as business conditions continue to improve.
Greg O’Neill, La Trobe Financial’s Chief Executive Officer, stated “that it was time for La Trobe Financial to expand its operations in Sydney because it is one of the largest markets in the country, and we have increasing business from one of our lead sources in Sydney to support this move.” O’Neill went on to say ...” we are currently seeing in excess of $1 billion per year of quality investment grade asset originations and growth from NSW and Sydney has warranted this expansion to serve our clients from a more local basis. We are competing well with these inbound volumes and punching above our weight.”
La Trobe Financial will be sharing the floor at Chifley with its good friends from the Agricultural Bank of China, the world’s 8th largest Bank operating with over 23,400 branches in China and 400,000 staff. The Commonwealth Bank by comparison has 1,010 branches and some 52,000 staff.
Randal Williams, La Trobe Financial’s Chief Wealth Management Officer commented “that he remembers when La Trobe Financial first met with the Agricultural Bank of China back in 2009 conducting a presentation for the Bank in Beijing. From this very first moment, the relationship has just gone from strength to strength and we are delighted to be working on the same floor as the Bank here in Australia.”
La Trobe Financial will be announcing further staff appointments shortly.
Visit http://www.latrobefinancial.com.au for more information.
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La Trobe Financial moves into larger Sydney premises at Chifley Tower
October 24, 2013 at 07:13 AM EDT
