ANZ Custodian Services will expand its sales and marketing team under new director Angelo Calvitto, who took over from Kate Beaurepaire following her resignation late last month.

Beaurepaire, a marketer of ANZ’s custody wares for more than seven years, left to go on a walking holiday in the Himalayas and her subsequent plans are unknown. Calvitto said he had the resources to “hire a few more bodies” to specialised business development positions, concentrating on one of ANZ Custodian Services’ three core businesses – fund administration, securities lending and domestic sub-custody for overseas institutions. The sales and marketing team is now two people short, following Beaurepaire’s departure and that of Jamie Spark last August.