Mid-tier accounting network Bentleys has announced the appointment of Tony Sacre, the former head of the Sydney Stock Exchange, as its new chief executive.
Mr Sacre was previously a director of international business origination at ANZ, a general manager and global head of trade finance and international payments at Commonwealth Bank, and head of financial market sales at NAB.
In his 25 years of experience in the banking and financial markets, Mr Sacre has also held senior roles at the Bank of Sydney, the AME Group, JP Morgan, and HSBC.
Mr Sacre’s appointment follows the departure of former chief executive Mark Chapman to accounting and advice network, Countplus, in early May.
“The accounting and advisory sector, particularly in the mid-tier, is undergoing a period of significant change as new technologies and increased competition reshape the way services are delivered,” said Mr Sacre.
“With an extensive footprint in Australia, New Zealand and China, Bentleys is well-placed to capitalise in this changing environment. In addition, our relationship with Kreston provides a broader network of global capability for our clients.
“I am delighted to be joining such a proactive and innovative accounting and business advisory firm, and look forward to working with the National Management Board and the Bentleys team to continue and enhance our growth trajectory.”
Welcoming the appointment, chair of Bentleys’ National Management Board, Martin Power, said Mr Sacre had a depth of skills and experience that would be valuable to Bentleys’ integrated advisory focus.
“With significant experience in financial markets, Tony has experienced business from all perspectives — from mum and dad operations through to major companies and large hedge funds,” said Mr Power.
“Tony is a highly experienced leader and has the connections and mindset to deliver strong growth for Bentleys. His experience with mid-market businesses, and in the resources and agribusiness sectors, will prove invaluable.”
Jotham Lian is the news editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.
Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.