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Former Vanguard exec joins Equity Trustees as CFO
Johanna Platt, who was part of the executive team tasked with establishing Vanguard’s superannuation business, has been named new chief financial officer at EQT Holdings, effective 22 July 2024.
She has over 25 years of experience leading financial teams and makes the move from ISPT, where she has served as interim CFO since 2023, responsible for the finance, procurement, insurance, tax, treasury, and valuation functions of the business.
Platt was previously CFO at Vanguard Australia for five and a half years, leading the Australian 200-person finance function.
In an ASX announcement on Wednesday, Mick O’Brien, managing director at Equity Trustees, noted the “exceptional suite of skills” Platt would bring to the business.
“We warmly welcome Johanna to Equity Trustees and I look forward to working alongside her,” he stated.
She succeeds current chief financial officer and chief operating officer Philip Gentry, who announced last year his intentions of stepping down from the position.
According to Equity Trustees, Platt’s appointment followed an “extensive search process over several months that assessed a strong field of candidates.”
Earlier this year, the firm announced funds under management, administration, and supervision (FUMAS) of $183.5 billion for the second half of financial year 2023.
This was 18 per cent higher than the prior corresponding period (pcp) and 14.6 per cent higher than 2H23. Revenue was also up 37 per cent on pcp to $83.9 million.
It also welcomed a new board appointment last month, welcoming Suzanne Holden, former COO at Link Group and former interim group executive for member growth at Aware Super, as non-executive director of its superannuation trustee business.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
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