New BT wealth management team unveiled
The chief executive of BT Financial Group, Rob Coombe, has announced executive appointments to the combined wealth management team formed by the St George Bank and Westpac Banking Group merger.
As previously announced, Geoff Lloyd, the chief executive of Asgard, will become the general manager of advice and private banking. Gai McGrath will become the general manager of customer service, while John Shuttleworth, Tony Forward, Mark Smith, David Lees, John Frechtling and Shenaz Khan will become the general managers of superannuation and investment solutions, technology, insurance, wealth transformation, finance and risk, and people, respectively.
“This highly experienced team of general managers is committed to establishing our combined wealth business as the leading provider of all of our customers’ financial needs,” Coombe said.
BT has also announced key appointments to its advice and private banking business, including Mark Spiers, head of BT Advice, Jan Swinhoe, head of Westpac private banking, and David Hewitt, head of St George private clients.
Bettina Pidcock has been appointed head of marketing, brand and communication in the super and investments business. The heads of practice management, business performance and channel marketing, and the head of dealer groups and licensee select have not yet been announced.
Recommended for you
Schroders has appointed a new chief executive as Simon Doyle steps down from the asset manager after 22 years.
Distribution of private credit funds through advised channels to retail investors will be an ASIC priority for 2026 as it releases the results of its thematic fund surveillance and guidance for research houses.
State Street Investment Management has taken a minority stake in private market secondaries manager Coller Capital with the pair set to collaborate on broaden each firm’s reach and drive innovation.
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
