Fortnum appoints senior executive

Fortnum Financial Group has appointed Sal Torrisi to lead the group's investment administration arm, e-Clipse Online. Torrisi, who was most recently a consultant to FNZ and Fortnum Financial Group, previously held senior management roles at Colonial First State and AXA before joining MLC & NAB Wealth as head of technology, advice and marketing in 2010. He will report to Fortnum Financial Group executive chairman Ray Miles.