Insignia Announces the Departure of long-serving CEO, Renato Mota

Insignia Financial (ASX: IFL) has officially announced the forthcoming departure of its long-serving CEO, Renato Mota, at the end of February 2024. This decision was made through mutual agreement. Insignia Financial’s Chairman, Allan Griffiths, confirmed that the search for the next CEO has already been initiated.

Mr. Mota, who has devoted two decades to the company and held the position of CEO for the past five years, has been recognized as a pivotal figure during his tenure. He played a crucial role in implementing significant cultural and organizational changes and overseeing two transformative acquisitions in the industry.

Mr. Mota expressed, “Having established a clear path for the next three years, I feel this is the right inflection point to provide the business with a fresh perspective to continue the journey. To have created an industry leader and purpose-led culture driven by an ambition to improve the financial well-being of all Australians is something I’ll always be proud of. I know I will leave behind an incredibly talented and passionate team who will continue to build the organization for the benefit of all stakeholders.”

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