BT’s general manager of finance and risk, David Lees, is to become general manager of BT’s Super and Wrap Solutions business, following the resignation of Jason Yetton.
Lees will replace Yetton in mid February, reporting to BT chief executive Rob Coombe. Lees joined BT in 2005 as chief financial officer, and has been with the Westpac group for 11 years. Coombe said Lees would “hit the ground running” in his new role, having successfully managed during Yetton’s extended leave in 2007, and been through a leadership succession program. Yetton departed after 16 years with BT. He will not be immediately moving to a new role.
30 January 2008 00:00
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.
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