Equity Trustees recruits super head

Equity Trustees has appointed a new executive general manager to oversee its superannuation services business.

Godfrey replaces Mark Blair, who started the independent outsourced trusteeship model in the super sector.

This led to a significant increase in funds under supervision from $1 billion to $40 billion.

Godfrey previously served as the chief administration officer at AIA Australia.

Before that, he served as operating chief for Mercer's outsourcing business in Australia and New Zealand.

He also worked as national operations manager at Mercer wealth solutions and general manager of customer and technology services at Plum Financial Services.

"Andrew comes to Equity Trustees with more than 30 years of experience in financial services, including leadership roles across superannuation, wealth, financial advice and insurance," said Equity Trustees managing director Mick O'Brien.

"His experience has spanned operations, technology, leadership of master trusts, client delivery, transformation and change and risk, and most recently consulting to the sector."

"We are fortunate to have this exceptional expertise and experience to continue the growth story for our specialist superannuation trustee service, which has included the acquisition of Zurich Australian Super and trustee appointments to AIA (Comminsure) in 2019, followed by HUB24 Super Fund and AMP Life super funds in 2020," O'Brien said.

"Andrew inherits a capable and strong leadership team, excellent clients, and clear direction. We believe the market we have established for superannuation trusteeship is ripe with opportunity - and our business will continue to go from strength to strength as a result."

O'Brien thanked Blair for the critical role he has played in the establishment and growth of the business.