The trustee company has promoted a former executive director to replace outgoing managing director Robin Burns.
Former Invesco chief executive Michael O’Brien has taken up the role, following the two months he has spent in the position of executive director with the company.
Mr O’Brien said he was honoured by the appointment.
“[Equity Trustees] has a distinguished history stretching back to the last century and the Victorian gold rushes, and I am proud to be a part of its future,” he said.
The Equity Trustees board said they were delighted with the appointment, with board chair Tony Killen adding that Mr O’Brien had already shown an “ongoing commitment” to the company.
“In the short time he has been executive director he has demonstrated energetic and enthusiastic leadership of a high order, both internally and externally,” Mr Killen said.
Mr O’Brien has been a part of the Equity Trustees board of directors since July 2014, and in addition to his roles with both Equity Trustees and Invesco, has previously held the role of chief investment officer with AXA Australia and New Zealand.
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