Briefs: Leadership changes at Firstfolio, Wide Bay moves to bank status

John Kavanagh
  • Firstfolio's new chief executive, Peter Andronicos, has made some changes to the leadership team at the mortgage specialist. Andronicos, who took the top job at Firstfolio in October, has appointed Paul Liccione as general manager of sales and distribution and Kon Shizas as general manager of products and services. The company said in a statement yesterday that the appointments would support the company's increasing focus on product development and distribution.
  • Wide Bay Australia shareholders approved a change of name for the building society to Auswide Bank Ltd at a general meeting in Bundaberg yesterday. The company hopes to have Australian Prudential Regulation Authority approvals in place to start operating as a bank from April 1.