Brief: OzForex chief steps down, Adelaide Bank pushes into investor market

Banking Day staff
  • OzForex chief executive Neil Helm has announced his decision to leave the company. Helm, who managed the company's initial public offering in 2013, will stay on for a few months until a successor is found. Helm said he was making a lifestyle change and wanted to spend more time with his family.
  • Adelaide Bank has formed a mortgage management partnership with Melbourne mortgage manager FinancePath, which specialises is working with property investors. Adelaide Bank said it would provide "bespoke services" to FinancePath and other businesses offering services to property investors.