CitiStreet has announced that several new appointments have been made within its Australian team to enable the member administrator to meet client demand for more specialised services.
Stuart Korchinski, CEO of CitiStreet Australia said that it was focussing on acquiring high quality people to allow its super fund clients to expand and enhance their services and become more competitive. Some of the recently filled positions include Alex Kleiman as head of marketing and strategy (formerly a director of financial services consultancy Chant West); Michael Longes as head of tax (he was formerly partner with Ernst & Young), and current employee Lyn Trewenack’s promotion to member service manager. Korchinski said that a couple more senior roles would be appointed later this year. The growth in staff has been across the board, with the service provider increasing its employee base from 500 to 700 over the last 18 months. Korchinski also said that the increase in demand for IT services would see the addition of a further 25 IT professionals over the course of this year.
Since taking over the top job at the $44 billion Funds SA more than a year ago, chief executive John Piteo has ushered in an investment function overhaul and wrapped up an important stage of the fund’s five-year data transformation program. It pledges to recentre around investment performance and more efficient processes, as the “missing piece” has been found in incoming CIO Con Michalakis.
Darcy SongJanuary 10, 2025
