Evidentia Group Restructures Staff and Management Team
The Australian firm has streamlined its leadership and headcount to improve collaboration and long-term business growth.
Updated on Oct. 27, 2026 in Corporate Finance
Live Poll
Does corporate restructuring during a period of financial growth increase your trust in a company's leadership?
Evidentia Group has announced a significant reduction in headcount alongside a strategic reorganisation of its senior executive leadership team. The company aims to foster stronger internal collaboration and support sustainable growth through these structural changes.
Why it matters
The company stated these changes are intended to streamline its operations and improve client outcomes. This adjustment follows a period of expansion for the broader organisation.
Evidentia Group recorded $1.54 billion in net inflows during the September 2026 quarter and $74 million in new mandates. These results support the firm's total funds under management of $41.7 billion.
The players
Evidentia Group
This is an Australian financial services firm that operates as a subsidiary of the Generation Development Group.
Will Gramolt
He is a financial executive who previously served as chief operating officer and chief financial officer before moving to Generation Development Group.
Alex Kroujkov
He has been appointed as the new chief financial officer for the organisation.
Brendan Johnson
He has been appointed to the newly created role of chief client officer.
Jo Cornwell
She has been appointed as the new chief commercial and operating officer.
The details
The restructure involves the elimination of various senior, sales, and consulting roles, including the departure of chief risk and operations officer Jason Komadina and general manager of advice solutions Marc Hraiki. Simultaneously, the firm established new positions, naming Brendan Johnson as chief client officer and Jo Cornwell as chief commercial and operating officer.
Timeline
July 2025: Evidentia Group unveiled its inaugural executive leadership lineup.
August 2025: Jason Komadina and Marc Hraiki joined Evidentia Group.
September 2026 quarter: Evidentia Group reported $41.7 billion in total funds under management.
Market Landscape
This restructuring marks a departure from the management structure established in the July 2025 inaugural executive leadership formation. The move reflects a broader trend of financial firms consolidating roles to maintain operational efficiency amidst significant capital inflows.
Clients may experience changes in service contacts as the firm integrates its new chief client and commercial roles. The company maintains that these adjustments are intended to improve long-term client outcomes and service quality.
The takeaway
Organisations often refine their leadership teams after rapid periods of asset growth to ensure operational sustainability. Investors and clients should monitor if the new executive roles effectively bridge the gap between sales and consulting functions.
Further reading
For more information on market developments, visit the Corporate Finance section.
Source note: This article includes information reported by Financial Standard.
Live Poll
Does corporate restructuring during a period of financial growth increase your trust in a company's leadership?
