Renato Mota Salary, Net Worth 2023, How Much He Makes Per year & Full BIO

Renato Mota is one of the most influential and successful executives in the Australian financial services industry. He has been the chief executive officer of Insignia Financial, formerly known as IOOF, since June 2019. He has led the company through a series of major acquisitions and transformations, making it one of the leading wealth management organisations in the country. But who is Renato Mota, and what is his salary, net worth, partner, age, family, and personal life? In this article, we will reveal everything you need to know about this remarkable leader.

Renato Mota Salary and Net Worth

Renato Mota’s salary and net worth are not publicly disclosed, but we can estimate them based on some available information. According to the Insignia Financial annual report for 2022, Mota received a total remuneration of $4.7 million for the year, which included a base salary of $1.2 million, a short-term incentive of $1.8 million, a long-term incentive of $1.5 million, and other benefits of $0.2 million. This was an increase of 22% from his remuneration of $3.8 million in 2021.

Assuming that Mota’s salary and incentives remain at the same level in 2023, we can estimate that he will earn about $4.7 million for the year. However, this does not include any potential bonuses or share options that he may receive as part of his contract.

Mota’s net worth is also difficult to estimate, as it depends on the value of his assets and liabilities. However, we can assume that he owns a significant amount of Insignia Financial shares, as he is required to hold at least three times his base salary in equity as part of his long-term incentive plan. Based on the closing share price of Insignia Financial on October 20, 2023 ($6.50), Mota’s minimum shareholding would be worth about $23.4 million.

Of course, Mota may have other sources of income and wealth, such as investments, properties, or businesses. Therefore, his net worth could be much higher than his shareholding in Insignia Financial.

Partner and Family

Renato Mota is married to his partner Daniela Mota, who is also a successful professional in the financial services industry. Daniela is the head of strategy and transformation at AMP Australia, where she leads the strategic planning and execution of AMP’s transformation agenda. She has over 20 years of experience in strategy consulting and financial services across Australia, Europe, and Latin America.

Renato and Daniela have two children together: a son named Lucas and a daughter named Sofia. They live in Melbourne with their family dog Milo. Renato and Daniela are both passionate about supporting causes that improve the financial wellbeing and education of Australians. They are both involved in various charitable initiatives and organisations, such as The Smith Family, The Big Issue, and The Hunger Project.

Age and Personal Life

Renato Mota was born in Brazil in 1976, making him 47 years old as of October 2023. He moved to Australia in 1999 to pursue his master’s degree in finance at the University of Melbourne. He joined Insignia Financial (then IOOF) in 2003 as a business analyst and rose through the ranks to become the CEO in 2019.

Mota is known for his visionary leadership style and his ability to create a purpose-led culture at Insignia Financial. He has been instrumental in transforming the company from a traditional financial services provider to a modern wealth management organisation that focuses on improving the financial wellbeing of all Australians. He has also overseen the successful integration of ANZ’s OnePath pensions and investments business and NAB’s MLC wealth management business into Insignia Financial.

Mota is an avid reader and learner who enjoys exploring new ideas and perspectives. He is also a sports enthusiast who likes to play soccer, tennis, golf, and skiing. He loves to travel with his family and experience different cultures and cuisines.

Conclusion

Renato Mota is one of the most influential and successful executives in the Australian financial services industry. He has been the CEO of Insignia Financial since June 2019 and has led the company through a series of major acquisitions and transformations. He has a salary of about $4.7 million per year and a net worth of at least $23.4 million based on his shareholding in Insignia Financial. He is married to Daniela Mota, who is the head of strategy and transformation at AMP Australia, and they have two children together. He is 47 years old and was born in Brazil. He is passionate about improving the financial wellbeing and education of Australians and supports various charitable causes. He is also an avid reader, learner, and sports enthusiast.

Most Asked Questions and Answers

• Q: Who is Renato Mota?
  • A: Renato Mota is the chief executive officer of Insignia Financial, one of the leading wealth management organisations in Australia.
• Q: How much does Renato Mota make per year?
  • A: Renato Mota’s salary and incentives are estimated to be about $4.7 million per year, based on the Insignia Financial annual report for 2022.
• Q: What is Renato Mota’s net worth?
  • A: Renato Mota’s net worth is not publicly disclosed, but it is assumed to be at least $23.4 million based on his minimum shareholding in Insignia Financial, which is worth about that amount as of October 20, 2023.
• Q: Who is Renato Mota’s partner?
  • A: Renato Mota’s partner is Daniela Mota, who is the head of strategy and transformation at AMP Australia.
• Q: How old is Renato Mota?
  • A: Renato Mota is 47 years old as of October 2023. He was born in Brazil in 1976.
• Q: How many children does Renato Mota have?
  • A: Renato Mota has two children with his partner Daniela Mota: a son named Lucas and a daughter named Sofia.
• Q: Where does Renato Mota live?
  • A: Renato Mota lives in Melbourne with his family and their dog Milo.
• Q: What are some of the achievements of Renato Mota as the CEO of Insignia Financial?
  • A: Some of the achievements of Renato Mota as the CEO of Insignia Financial include:
    • Transforming the company from a traditional financial services provider to a modern wealth management organisation that focuses on improving the financial wellbeing of all Australians.
    • Completing the acquisition and integration of ANZ’s OnePath pensions and investments business and NAB’s MLC wealth management business into Insignia Financial.
    • Creating a purpose-led culture and executing a bold strategy in the face of numerous challenges, including a global pandemic.
• Q: What are some of the hobbies and interests of Renato Mota?
  • A: Some of the hobbies and interests of Renato Mota include:
    • Reading and learning new ideas and perspectives.
    • Playing soccer, tennis, golf, and skiing.
    • Traveling with his family and experiencing different cultures and cuisines.
• Q: What are some of the causes that Renato Mota supports?
  • A: Some of the causes that Renato Mota supports include:
    • The Smith Family, which is a national charity that helps disadvantaged children and young people with their education.
    • The Big Issue, which is a social enterprise that provides employment opportunities for homeless and disadvantaged people through selling magazines.
    • The Hunger Project, which is a global organisation that empowers people to end their own hunger and poverty.