John Shuttleworth has resigned from his position as general manager – platforms and investments at BT Financial Group, drawing 14 years with the company to a close.
Announcing the news, BT Financial chief executive Brad Cooper praised Shuttleworth for his extensive contribution to the group.
“John has made an enormous contribution at BT including leading the team that launched BT Super for Life, Australia’s first low-cost super option where customers can manage their super alongside their everyday online banking. He also managed the Platforms business for the majority of the time since 2008 when we acquired Asgard, overseeing the growth in our funds under administration from $65 billion to $116 billion today. More recently, he has helped drive the development and delivery of BT Panorama,” he said.
“We thank John for his significant contribution to BT and wish him every success for his next endeavours.”
NAB general manager – wealth products and platforms, Kathy Vincent, would replace Shuttleworth at BT Financial, where she would be responsible for leading platforms such as Asgard, BT Wrap and Panorama.
She would also oversee BT’s specialist investment services including life stage funds.
Cooper was excited about the extensive experience that Vincent would bring the the role, including time leading MLC’s retail wrap, mastertrust and asset management product businesses and as head of co-investments for Macquarie Global Investments.
“Kathy’s leadership skills and extensive experience in product management and strategy, across platforms, superannuation and investments will be a real asset to our business and will help us continue to deliver market-leading platforms and investments solutions to our customers,” Cooper said.
Shuttleworth would provide a handover to Kathy to ensure a smooth transition.