Both will report to AUI’s head of legal and compliance, Emma Rodgers.
Mr Lipp joins AUI from BlackRock Investment Management where he was general counsel and statutory director. He has also worked at Trust Company of Australia as legal officer, and previously as a solicitor.
He will support Ms Rodgers as head of legal and compliance, including management of the legal team, providing legal advice across the organisation and managing relationships with external legal providers and other key stakeholders, AUI stated.
Ms Petterd previously worked at Bell Asset Management for nine years where she held the roles of financial controller, company secretary and company accountant. She has also worked at Credit Suisse, PricewaterhouseCoopers and MFI Furniture Group.
Ms Petterd has over 15 years' experience in Australia and the UK, providing legal and tax advice to companies in the financial services industry. Her responsibilities include providing support and advice on corporate governance, risk, compliance and policy matters, AUI said.
Ms Rodgers said the appointments ensure AUI continues to have the resources and expertise to meet the changing regulatory environment.
AUI is “expanding our capabilities and resources so we can not only discharge our responsibilities to investors and clients most effectively but also build a high quality risk management platform which supports our commercial and strategic aims into the future”, she said.
