Austbrokers Holdings has brought together its broker and intermediary distribution management functions in a restructure announced this afternoon.

The new role of Chief Distribution Officer has been taken up by GM Acquisitions & Development Fabian Pasquini.

CEO Mark Searles says the role will combine all aspects of broker and intermediary distribution, including acquisitions, partner development and growth initiatives across the network.

GM Equity Operations Greg Arms left the company before Easter.

Mr Searles says Mr Pasquini has been “part of the Austbrokers family for 15 years”, and has more than 30 years’ experience in the intermediated insurance space. He has been GM Acquisitions & Development since 2011.

More details in our regular bulletin on Monday.