Clime Investment Management Ltd (AU:CIW) has released an update.
Clime Investment Management Limited has successfully completed the divestment of Madison Financial Group Pty Ltd, which is expected to enhance the company’s profits in the upcoming fiscal year and streamline its focus on funds management and private wealth. Additionally, they have appointed Michael Baragwanath, a financial veteran with over 18 years of experience, as a new Non-Executive Director to support the company’s growth initiatives. This strategic move augments Clime’s board expertise, particularly in areas of financial product distribution and strategic advisory.
For further insights into AU:CIW stock, check out TipRanks’ Stock Analysis page.