JANA creates head of NFP and retail partnerships role

Michael Karagianis has been promoted by JANA to a new role in the organisation, head of not for profit (NFP) and retail partnerships.

The organisation says the appointment is part of its 2021 commitment to boost its presence in the NFP and non-super sectors. "JANA has experienced tremendous success in the retail space this year, and we are now applying that expertise to serve the growing needs of the NPS sector," said JANA CEO Jim Lamborn.

"Michael is uniquely qualified to head up our growing NFP and retail businesses. Working across Australia and the UK, he has a wealth of experience advising in these spaces. The successes of JANA's retail partnerships this year under his leadership is a testament to his capability."

Before joining JANA in 2019 as head of retail partnership, Karagianis was the head of private investment consulting at NAB and held senior leadership roles at UBS Global Asset Management.

"My time at JANA has been centred around opening up JANA's advisory and implemented consulting expertise to the wider investment community, initially in the retail advice space and now expanding into the NFP market," said Karagianis. "While there are many differences across the different sectors JANA serves, increasingly we are also finding many synergies. For example, the rise of ESG and stringent governance protocols is something JANA has long championed and has a wealth of expertise in."

Karagianis will head a team dedicated to NFP clients, including Wendy Hammond as director for client development and strategy.