Former ING director joins Stanford Brown

In a statement, the firm named Don Stammer as a new consultant to its Lunar Investment Committee.

Mr Stammer brings with him over 45 years of experience across financial services, which includes senior executive roles in the Reserve Bank of Australia, and director roles for Deutsche Bank Australia and the ING group in Australia.

The appointment comes after Stanford Brown announced in August it appointed Ashley Owen as its new chief investment officer.

Stanford Brown chief executive Jonathan Hoyle said, “We are delighted to welcome Don Stammer to our investment committee.

“He brings with him a wealth of experience and a wise head to guide us through the next market cycle.

“Together with the recent recruitment of Ashley Owen as chief investment officer, we now have a genuinely world-class investment committee to oversee the management of our new discretionary managed accounts.”