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La Trobe expands board in anticipation of growth

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By Reporter
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2 minute read

Two new directors appointed

Credit specialist funds manager La Trobe Financial has appointed two new directors to its board ahead of anticipated growth in funding inflows over the next 12 months.

The appointment of John Carrello and John Marriott boosts the firm's board size to five.

"Mr Carrello and Mr Marriott are a welcomed and excellent addition to the board, combining solid banking and strategic restructuring knowledge which will strengthen board expertise as the business continues to grow and internationalise," La Trobe Financial chairman David Bird said.

"Their first hand and current operational experience will play an integral part in the organisation's shape and future. Further appointments may be announced," added La Trobe Financial's president and chief executive, Greg O'Neill.

The La Trobe Financial board now comprises David Bird, chairman (lawyer); Greg Bright (superannuation industry); John Carrello (corporate insolvency expert); John Marriott (banker); and Greg O'Neill (CEO). The board operates with 125 staff, and with offices in Sydney, Melbourne, and Shanghai.

Mr Carrello is a chartered accountant and principal with BRI Ferrier. He is a member of the Insolvency Practitioners Association and a registered and official liquidator. Notable appointments managed by Mr Carrello include Knightsbridge Finance Pty Ltd, Saxby Bridge Finance and Redmond Drilling.

Mr Marriott is a senior corporate and commercial banker with over 40 years' experience working with NAB, Westpac and ANZ. He recently retired from the ANZ Banking Group and has previously worked as state general manager in Victoria.

Prior to his time at ANZ, he was head of business acquisition for Westpac and, earlier on, held senior roles in corporate and institutional banking, credit, and project and structured at NAB.

La Trobe Financial's latest team expansion was its appointment of Sally Humphris as head of institutional sales earlier this month.

Ms Humphris brings "an extensive network of well-developed relationships within the superannuation, consultant, family office and retail segments of the market", the company said at the time.