Equity Trustees (EQT) has made new appointments to its corporate fiduciary and financial services group.
EQT senior manager Russell Beasley has been appointed to the newly-created position of EQT corporate fiduciary services national manager.
In this role, Beasley will be responsible for maintaining and developing EQT's responsible entity services.
Kylie Holbrook has also joined the group from Perpetual as EQT corporate fiduciary services senior manager, reporting to Beasley.
Holbrook will be Sydney-based and responsible for servicing and expanding the responsible entity business's growing client base.
She was with Perpetual for over 11 years in a variety of senior management roles in the fund compliance services area, most recently as a business unit manager in the corporate trust area.
The appointments built on EQT's recently announced strategy of increasing its focus on providing independent responsible entity and other fiduciary services, EQT head of corporate fiduciary and financial services Harvey Kalman said.
"We see 2011 as a year when further pressure will be placed on fund manager operations and when regulators will seek to remove unhealthy conflicts of interest," Kalman said.
"We therefore expect regulators to place extra fiduciary responsibilities on fund managers and investment product promoters, and to reinforce investor protection in collective investments."
