TCorp shake-up sees senior management recruits
A management restructure has seen a range of key appointments within the NSW Government's TCorp this week.
The changes have seen the appointment of former ANZ Wealth chief investment officer (CIO), Stewart Bretnall as CIO at TCorp, along with former Westpac executive, Paul Verschuer as general manager, Financial Markets.
The Government announcement also pointed to BNP Paribas executive, Katherine Seymour having been appointed as general manager, client relatoinships, with former Sydney Opera House executive, Katy McDonald becoming general manager HR and Internal Communications while Bank of Toykyo Mitsubishi executive, Kevin Masling become chief risk officer.
Commenting on the appointments, TCorp chief executive, David Deverall said that as TCorp assumed significant scale as an asset manager, it was important it had the leadership and executive capabilities to match.
"These appointments bolster TCorp's organisational capabilities in key areas of our operations, both capital markets-facing and internally," he said. "Each of the appointments brings highly relevant experience gained at the coalface of capital markets and financial services in Australia and in some cases internationally. We look forward to their contribution as we position TCorp for growth."
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
