Vanguard taps FTSE veteran as head of institutional sales for Australia
By Douglas Appell | February 18, 2013 11:08 pm
Julie Andrews will join Vanguard Investments Australia in March as head of institutional sales and service, confirmed Martha Wood, Melbourne-based spokeswoman for Vanguard.
Ms. Andrews replaces Geoff Diamond, who left the company in late 2012 to pursue other opportunities, said Ms. Wood. Mr. Diamond couldn't immediately be reached for comment.
Ms. Andrews had been director of Australia and New Zealand for FTSE.
In an emailed response to questions, Imogen Dillon Hatcher, FTSE Group's London-based executive director of global sales, said decisions on changes to the roles and responsibilities in FTSE's Australia office will be announced to clients in the coming weeks.
Ms. Andrews will lead Vanguard's institutional business and sales strategy, with a mandate to expand the firm's existing team of six senior institutional relationship and sales professionals, said John James, managing director of Vanguard Australia, in a telephone interview.
An ongoing regulatory push in Australia to boost the superannuation fund industry's focus on clients, transparency and lower-cost options should play to Vanguard's strengths, said Mr. James.
Ms. Dillon Hatcher welcomed Ms. Andrews' decision to join "one of FTSE's key global clients," and said FTSE will continue to work closely with her in her new role.