La Trobe Financial strengthens senior executive team

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 La Trobe Financial has announced a number of changes to its senior executive team.

Mr Randal Williams, Senior Vice President, was appointed Chief Lending Officer. In this role, Mr Williams will be responsible for overseeing the efficient and effective management of the Real Estate Credit Division involving the Distribution, Credit, Operations and Sales teams. Mr Williams was previously the Chief Investment Officer and has held a variety of senior management roles in the organisation including Head of Legal & Compliance, Head of Funds Management and Company Secretary.

Mr Chris Andrews, Vice President, will replace Mr Williams as Chief Investment Officer with responsibility for running all aspects of La Trobe Financial’s Funds Management Division including our award winning mortgage fund. Mr Andrews was formerly Head of Funds Management and prior to this he was Senior Legal Counsel for the La Trobe Financial Group.

Mr Martin Barry, Vice President, has been appointed Chief Wealth Management Officer. In this role, Mr Barry will be responsible for the Global Asset Management Division. Mr Barry is also head of the Group’s Sydney office which has grown dramatically in the last twelve months from 2 to 12 key staff members.

Mr Greg O’Neill, President and CEO, stated that “Mr Barry is making a significant contribution to our Sydney operations and we look forward to growing this over the coming months”.

Further, Mr O’Neill commented: “These senior executive changes contribute further to the strength of La Trobe Financial with an experienced and capable leadership team. I have no doubt these individuals will continue to make a valuable contribution to our clients, staff and business results. We are entering an exciting growth phase as we expand our business and I’m confident we have the best team to drive us there.”

In addition, La Trobe Financial announced two further appointments to its Executive Team.

The first appointment is Ms Jacki Jennings who has been appointed Executive General Manager – Head of Custody. Ms Jennings has been with La Trobe Financial since 1985. Her wealth of experience and performance are key attributes to her appointment. Ms Jennings was previously Customer Service Manager, since being appointed in July 2009, and after holding a number of positions within the La Trobe Financial Group.

Mr Brian Ford, Senior Vice President & Chief Operating Officer of La Trobe Financial stated “I am delighted with Ms Jenning’s appointment. Ms Jennings has over the years played an important role and has built a successful career with the Group. She will continue to be an asset for the Group and a role model in her new role”.

The second appointment is Mr Jason Gidman who has been appointed Head of Portfolio Management. Mr Gidman started his career with La Trobe Financial in December 1992 and has held senior positions across the La Trobe Financial Group, originally with a focus on origination, selection and management of the Group and fund assets. Mr Gidman was the Group’s first Portfolio Manager, a role that he was appointed to 9 years ago.

Mr Rob Clough, Senior Vice President and Chief Financial Officer of La Trobe Financial commented that “Mr Gidman’s appointment is very timely. Our mortgage fund is closing in on $1 billion of assets under management with growth in excess of 30% year to date. Mr Gidman plays a pivotal role in the asset allocation and he will continue to make a valuable contribution for investors and the Group with his new appointment”

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