Equity Trustees adds director to super service

Equity Trustees has added a high-profile transport and financial services executive to its superannuation trustee business.

The appointment of Suzanne Holden comes as the business reaches $60 billion of funds under supervision following the latest inflow to the portfolio of funds under its trusteeship.

Holden has had extensive experience in financial services and transport businesses - most recently as acting chief executive at Sydney Trains.

Establishing her career at British Airways and Qantas in operation and leadership roles over 20 years, she moved to financial services, taking up roles as operating chief at Link Group and Link Fund Administration.

While head of Link, she was also a director of ASFA.

Before joining Sydney Trains, Holden served as acting group executive of member growth at Aware Super.

"The superannuation part of our business has been performing strongly as the value of an independent trustee for superannuation fund model finds resonance in the industry," said Equity Trustees managing director Mick O'Brien.

"Reaching the $60 billion milestone in a few short months can be attributed to organic growth from recent appointments, as well as the overall portfolio being in a strong net funds flow position.

O'Brien said strategic appointments are an important part of maintaining the strong foundations of the business.

"Capability in complex governance requirements and technical understanding of the range and depth of superannuation fund types are critical attributes for our Board directors - Ms Holden brings all of these capabilities" he added.

Holden has joined two boards of the Equity Trustees superannuation services business - Equity Trustees Superannuation Limited, and HTFS Nominees Pty Ltd.