COG Financial Services Limited (COG) announced the appointment of Richard Balzer as Chief Financial Officer with immediate effect. Richard was previously CFO of MKM (part of MA Financial Group Ltd) and has deep experience in financial services including similar roles at Pepper Money and Macquarie Bank. In addition, Richard held senior finance roles at Coca Cola Amatil and Campbell Arnott's. John McRae, the incumbent, will assist with the transition and complete his tenure at the end of the month.