John Wells steps down as chair of Fisher Funds 'to focus on CBL'

By Jonathan Underhill
March 5 (BusinessDesk) - John Wells has retired as chair of Fisher Funds Management after 18 years on its board to focus on his role as chair of CBL Corp, which appointed voluntary administrators last month after the Reserve Bank sought to have the credit surety and financial insurance risk firm liquidated.
Wells said in a statement he was retiring from Fisher Funds with immediate effect, a move that "will enable him to focus on recent developments affecting CBL Insurance Ltd and CBL Corp."
Fisher Fund had no expo...
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