NSW Treasury Corporation (TCorp) has announced a raft of changes to its management team, including the appointment of ANZ chief investment officer Stewart Brentnall.
TCorp, which is the financial and investment provider for the NSW government, has appointed ANZ's Stewart Brentnall as its new chief investment officer.
He held the same position at ANZ, where he will be replaced by Mark Rider, effective 10 March.
Mr Brentnall has previously held positions at BT Financial Group, QIC, Goldman Sachs and Schroders.
TCorp has also announced the appointment of former Westpac executive Paul Verschuer as general manager for financial markets.
Mr Verschuer has held senior roles over the past 12 years, most recently as general manager for of Westpac's business bank.
TCorp has also appointed Katharine Seymour as general manager client relationships; Katy McDonald as general manager HR and internal communications; and Kevin Masling as chief risk officer.
Commenting on the appointments, TCorp chief executive David Deverall said, "These appointments bolster TCorp’s organisational capabilities in key areas of our operations, both capital markets-facing and internally."
"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," Mr Deverall said.
Magellan chairman and CIO Hamish Douglass has said he’s not afraid of missing out on a “short-term market rally” and that mutant virus...