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Experienced corporate executive Alan Tate has been appointed Group Chief Financial Officer of the BGC Group.

Director Sam Buckeridge said Mr Tate brings a wealth of experience to the Group, with a career spanning 25 years.

“We are very pleased to have Alan join the team and look forward to benefiting from his strategic, commercial, and financial leadership,” Mr Buckeridge said.

“The Group has a strong pipeline of long-term work, and is well placed to benefit from improving conditions in the resources, construction and property sectors.

“Alan will play a critical role in ensuring the Group maintains its strong financial performance and achieves operating efficiencies across its diverse range of divisions.”

Mr Tate has previously held senior leadership positions with a range of major corporates including CFO of Iluka Resources, EMR Golden Grove and Jabiru Metals and held senior strategic, commercial and finance roles at BHP Billiton and WMC Resources. He is a Fellow of Chartered Accountants Australia and New Zealand and a Fellow of the Australian Institute of Company Directors.

He replaces Andrew Teo, who retired from the Group CFO position in March after 35 years’ service. Mr Teo remains a director of BGC.