New head of IT for Equity Trustees

Ryan Bessemer has joined financial services firm, Equity Trustees (ASX:EQT), as head of business systems and information technology.

Bessemer has worked for several listed companies, IT consultancies and software developers and is the former CIO of financial services group, Austock. He has also held roles at Frigrite, consulting firm Ipex, which merged with Volante in 2004 and software developer Software Spectrum International, now Insight Enterprises.

Managing director of Equity Trustees, Robin Burns, said in a statement that Bessemer will be responsible for ensuring the continued upgrading of EQT’s technology systems and processes to support business development and meet regulatory requirements.

See more CIO movements in the movers and shakers slideshow.

“Superior use of technology is essential for businesses offering services to other organisations in financial services as well as individual investors, and for helping to achieve maximum efficiency in our business activities,” Burns said.

“Equity Trustees has made significant investment in business systems development over the last few years, and Ryan will play a key role in maintaining the performance of that investment and in implementing a long-term systems and technology plan that will keep the company at the forefront of our industry, for investors and shareholders alike,” Mr Burns said.

Equity Trustees’ businesses include funds management, private client wealth management, responsible entity appointments, and corporate and personal superannuation and employs more than 160 people in offices in Melbourne, Sydney and Brisbane.

The company manages more than $4 billion across its funds management, private client and superannuation businesses and has more than $14 billion under responsible entity administration.

Follow Georgina Swan on Twitter: @swandives

Follow CIO Australia on Twitter: @CIO_Australia