Financial services firm Russell Investments has appointed Thomas Gillespie to head up a risk advisory service within its investment consulting business.
Gillespie, whose role is director of risk advisory, will lead and develop the service, which aims to help institutional investors better identify, measure and manage risk.
Based in Sydney, he will work with new and existing Russell clients to establish and implement industry best practice risk management.
He has over 20 years’ experience in risk strategy and joins Russell from the Australian Reward Investment Alliance, where his most recent role was head of risk. He has also held senior positions at Citigroup and JB Were.
“We are seeing clients increasingly recognise the value of specialised advice,” Russell consulting and advisory services managing director Greg Liddell said.
“Whether it’s risk, governance, after-tax investing or managing due diligence, clients want advice from experienced subject-matter experts.”
Additionally, Russell promoted Karolina Bowler to the role of senior consultant within its investment consulting division.
The new hires bring Russell’s Australian consulting and advisory team to 18 and the global team to 66 associates.
Russell’s consulting business provides investment advice on more than $2 trillion worth of assets globally.
