Long-serving BT head of platforms Kelly Power has jumped ship to competitor Colonial First State.
BT's head of platforms Kelly Power has made the move to rival Colonial First State after a nine-year career at Westpac.
Ms Power joined St.George in 2005 before it was acquired by Westpac in October 2008. She went on to take responsibility for Asgard, BT Wrap and later the management and strategic direction of BT Panorama.
A spokesperson for BT confirmed to InvestorDaily Ms Power had left the company. InvestorDaily understands a formal announcement by Colonial First State about Ms Power's position will be made in the new year.
The news follows the October announcement by Colonial First State that general manager for product and investments Peter Chun had moved into the position of general manager, distribution.
The BT spokesperson said, "We thank Kelly for the outstanding contribution she has made to our organisation over a number of years.
"Kelly has built a brilliant team who are highly capable with an in-depth understanding of the market, product and our future strategy, and her responsibilities will temporarily be shared as we consider the best structure to continue to drive the success of our platforms business."
A coalition of Australian financial services providers, insurers and scientists has rolled out new standards for physical risk assessment fr...