MEDIA RELEASE: Melbourne-based asset management firm SG Hiscock & Company has appointed Giles Croker as chief executive officer and chief operating officer.

Founder and managing director Stephen Hiscock will continue with the firm as executive chair and chief investment officer.

Mr Croker joined SG Hiscock & Company 20 years ago and was most recently chief financial officer. His transition to the role of chief executive has been in development for a number of years, including having acted as co-chief executive officer with Mr Hiscock for a period of time in 2021.

According to Mr Hiscock, the process in formally appointing Mr Croker to the role has been seamless and well supported by the company board and management team.

“As a business, we undertook the necessary due diligence required on the chief executive appointment and Giles has been regarded as a natural successor for some time.

“He brings extensive financial and business acumen to the table and I’m confident he will continue to lead the business on a positive growth trajectory,” he said.

Mr Hiscock established SG Hiscock & Company in 2001, and has held the roles of managing director and chair since that time. He was previously general manager, chief investment officer and chairman of the Asset Allocation Committee at National Asset Management Limited (NAM).

The appointment of Mr Croker was unanimously endorsed by the board of SG Hiscock & Company. All other executive and management positions within the business remain unchanged.