Former Liberal party financial services minister Kelly O'Dwyer has joined Equity Trustees as a non-executive director.
Kelly O'Dwyer was the Liberal member for Higgins in Parliament for nine years, and served as minister for jobs and industrial relations as well as minister for revenue and financial services. She is currently a non-executive director of ASX-listed Home Consortium.
“(Ms O'Dwyer) brings a combination of deep understanding of government and policy, with a focus on economic and tax policy, Australia’s financial regulatory framework, corporate governance, risk and compliance, and significant leadership experience,” said Equity Trustees chair Carol Schwartz AO.
“Her experience in reforming the superannuation system and financial services, and her work in the areas of entrepreneurship and innovation will bring new perspectives and ideas to the Equity Trustees board room.”
Ms O'Dwyer was a former executive at NAB with responsibility for managing high-net-worth clients and pushed back heavily against the need for an investigation into Australian banking and finance prior to the Hayne royal commission.
Jim Minto will also step down from the board, with Catherine Robson set to take his place as chair of the board risk committee.
“We thank Jim for his significant and valuable contribution to Equity Trustees during his four years of service, including his work as Chair of the Board Risk Committee,” Ms Schwartz said.