Financial services briefs

Challenger Financial Group has elevated Richard Willis and Blair Beaton to the senior leadership team led by chief executive Dominic Stevens. Mr Willis will become chief risk officer and Mr Beaton, the head of strategy, will maintain his title but report directly to Mr Stevens. Paul Rogan will become CEO for distribution, product and marketing, and Rob Woods will become the sole head of funds management after joint CEO Rob Adams resigned.

Updated Jan 27, 2011 – 12.46am, first published at 12.03am

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Challenger Financial Group has elevated Richard Willis and Blair Beaton to the senior leadership team led by chief executive Dominic Stevens . Mr Willis will become chief risk officer and Mr Beaton, the head of strategy, will maintain his title but report directly to Mr Stevens. Paul Rogan will become CEO for distribution, product and marketing, and Rob Woods will become the sole head of funds management after joint CEO Rob Adams resigned.

The Rock Building Society has restructured, appointing Dale Grounds as group executive for customer development, Warren Darnill for sales and service, Len Sanders for corporate services and Duncan Martin in an acting role for finance and risk. Chief executive Stuart McDonald said this clarified accountability and better aligned the company with its business strategy.