Lorraine Berends has been appointed as an independent non-executive director of BT Financial Group's Responsible Entity and Approved Trustee boards. She chairs the Investment Committee and serves on the Audit and Risk Committee. Berends has worked for over 30 years in the Australian financial services industry, specialising in superannuation and funds management. Since 2000 she has been a principal of US-based global equity manager, Marvin & Palmer.