BT Financial Group (BTFG) has announced that one of its general managers, Geoff Lloyd, has resigned.
The wealth management business of Westpac has also announced a restructure of its senior executive team, with a number of key internal appointments following Lloyd's departure.
A new business focused specifically on superannuation, investment and retirement will be led by David Lees, who returns to BTFG's executive line-up after two years in leadership roles during Westpac's St George merger implementation, BTFG said.
John Shuttleworth will lead BTFG's platforms business with responsibility for the BT Wrap and Asgard businesses, as well as the group's marketing and communication areas.
Mark Spiers will be general manager advice, with responsibility for Westpac and St George financial planners, personal insurance advisers, independent financial advisers and dealer groups.
Jan Swinhoe will continue to lead Westpac Private Bank and Rebecca Lim will move across from Westpac's senior team into a new post as general manager St George Private Clients.
Lloyd has not taken up a new position yet but has decided to take some time off, a BTFG spokesperson said.
