Hastings Names New CEO

Hastings Funds Management, owned by Westpac, has recruited Andrew Day as the new CEO.

Hastings Funds Management, owned by Westpac, has recruited Andrew Day as the new CEO, Financial Standard reports. He succeeds Alan Freer, who held the position for seven months and was appointed to the Hastings board as a non-executive and non-independent director in September 2007.

Day, who will begin his role with Hastings on October 17, was most recently at Eircom Holdings, an investment company. Before that, he was CEO and then chairman of Truvo, a private equity-owned company based in Europe.

Click here for the story from Financial Standard.

Click here for additional coverage from Money Management.