Link appoints Pendal CFO

Link Group's Retirement and Superannuation (RSS) business has recruited Nicola Scott as its chief financial officer.

Scott is charged with driving efficiencies in the business to support the delivery of services to clients and strong shareholder returns.

More specifically, she manages key financial investments targeted at projects that produce the best efficiency dividends or reinvest into initiatives that deliver exceptional member outcomes.

"This requires a strong finance function embedded within the business teams to ensure a firm understanding of key drivers and an ability to support the RSS business as it assesses opportunities," Link said.

Scott joins from Pendal Group, where she stepped into the role of chief financial officer back in 2016.

In this role, Scott is responsible for Australia's overall financial operations, reporting and business planning. She also set about restructuring the local finance function to better support business transformation and achieve its strategic growth objectives.

She has also held several senior finance roles within the institutional division of ANZ Bank.

There, the finance professional worked on large infrastructure projects, and the integration of acquired businesses, Further, she led the regional implementation of regulatory reform in the Asia Pacific after the global financial crisis.

Earlier, she represented accountant Arthur Anderson in providing audit and consulting services to fund management and banking clients.

On her appointment, Scott said: "I'm passionate about making super, quality financial advice and retirement solutions affordable and accessible to as many individuals and families as possible."

"Link Group plays a key role in delivering on this objective through its leading technology solutions and digital platforms, changing the way people prepare for and live in retirement."

Link Group RSS chief executive Dee McGrath said Scott's appointment would introduce streamlined business processes, greater rigour in assessing capital investment opportunities and drive efficiencies using technology, automation and better ways of working.

"This appointment will play a significant role in managing increased regulation and looks to build on our leadership position as we expand into new global markets, creating opportunities to produce stronger returns for shareholders," she said.