Australian Retirement Trust (ART) has welcomed Kathy Vincent as its new chief of retirement following the creation of the role earlier this year.
Vincent would make the move this December from BT, where she had been chief strategy and product officer for over a year.
As chief of retirement, her remit would include the execution of ART’s retirement strategy, providing strategic leadership and guidance across all elements of the Fund’s retirement offering, including product, service model and advice.
“Kathy’s experience and knowledge of product, strategy and financial advice will be a valuable asset to Australian Retirement Trust and our members,” said ART chief executive, Bernard Reilly.
Vincent had over three decades of experience in the finance industry across a variety of product, strategy and advice executive roles.
She had been general manager for retail platforms at NAB for over three years and head of product – retail investment platforms at MLC for almost two and a half years.
She had spent almost two decades at Macquarie Group, departing in 2010 as co-head of real alternatives.
Commenting on the appointment, Vincent said: “Given the growing needs in this space, it’s a really exciting time to be focussed on supporting Australians up to and through their retirement, and I’m thrilled to join Australian Retirement Trust.
“Australian Retirement Trust has an ambitious vision and through its retirement income strategy, a solid foundation to support members in retirement. I’m looking forward to joining a profit-for-member fund and supporting members through all stages of their superannuation journey.”
Earlier this month, ART had expanded its leadership team to welcome a new chief member officer; chief of staff; and executive general manager for advice, guidance, and education.
The internal appointments followed a senior management restructure in March that saw the departure of ART’s chief strategy officer, Teifi Whatley, and chief member officer, Karin Muller.
A spokesperson for BT said it had not yet appointed a replacement for Vincent.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.