BT appoints head of platforms

BT/Kathy-Vincent/BT-Wrap/BT-Panorama/

4 February 2021
| By Chris Dastoor |
image
image
expand image

Managed investments and superannuation firm BT has appointed Kieran Varcoe as head of platforms.

Varcoe joined BT with over 20 years’ experience in wealth and platforms, and had specialised in product and platform operations at MLC before joining REST superannuation where he was most recently general manager administration solutions and governance.

Varcoe would commence with BT from mid-February reporting to Kathy Vincent, BT managing director for platforms, investments and operations.

Vincent said Varcoe’s expertise aligned with the firm’s strategic priorities and he would be critical as the firm continued to deliver strategic growth of its platforms business.

“This is a key role in helping to lead BT’s transformation agenda as we migrate clients from BT Wrap to one of Australia’s contemporary and fastest-growing platforms BT Panorama,” Vincent said.

The BT Wrap platform currently had $55 billion in funds under administration (FUA), while BT Panorama had $36 billion FUA.

The first successful migrations took place late last year and further tranches would commence in early 2021.

“Kieran’s proven experience in leading simplification programs, managing large-scale platforms teams and operations, and deep industry knowledge will be an asset to BT,” Vincent said.

Rodney Greenhalgh, head of investment product solutions, had been caretaking in the role while BT sought a suitable replacement for Dina Kotsopoulos who departed the group in October 2020.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS