BTIM names new chair

funds-management/annual-general-meeting/chairman/appointments/global-financial-crisis/risk-management/ASX/commonwealth-bank/westpac/

9 October 2013
| By Staff |
image
image
expand image

Westpac's funds management business BT Investment Management (BTIM) has appointed James Evans as its new chairman after Brian Scullin announced his retirement.

Scullin, who was appointed founding chairman prior to BTIM's listing on the Australian Stock Exchange (ASX) in 2007, will retire after the company's annual general meeting on 6 December.

Under Scullin's chairmanship BTIM evolved from an Australia-focussed business into a diversified global asset management business with operations in Australia, Europe, the UK, USA and Asia.

Evans, who joined the company board as a non-executive director in 2010 and is the current chairman of the audit and risk management committee, said Scullin had been an outstanding chairman.

"Brian has provided strong leadership and invaluable guidance to both the board and management through a difficult period in financial markets post the global financial crisis and a transformational transaction with the acquisition of J O Hambro Capital Management," Evans said.

"I know I speak for all directors, senior executives and employees of the company, in wishing Brian the very best for his retirement. I am confident that going forward BTIM has the right strategy and management team in place to continue to grow, and I look forward to taking over as Chairman in December."

Evans has 40 years of corporate experience including senior roles within the Commonwealth Bank and Lend Lease Limited.

He is currently a non-executive director of the Equigroup companies, hastings Funds Management, Investa Wholesale Funds Management, Macquarie Generation and Suncorp Portfolio Services.

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?...

2 months 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 1 week 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...

3 weeks 1 day ago

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

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS