MSC Trustees has appointed Kylie Holbrook to the newly created role of general manager, funds, based in Sydney and effective from 28 February 2024.
Ms Holbrook was most recently with Equity Trustees for 12 years, leading its Relationship Management team.
The appointment beefs up both business development and fund expertise in MSC’s Sydney office, and follows MSC’s recent acquisition of Certane’s corporate trust & custody business, also operating from Sydney.
In her time with EQT, Ms Holbrook oversaw the development of the relationship management team from 2 to 10 managers and a client book of around AUD $100 million. Prior to EQT, she was at Perpetual for 8 years, overseeing client management, compliance and team coordination across Responsible Entity and Trustee portfolios.
MSC Group Managing Director, Mr Matthew Fletcher, said: “Kylie is an accomplished leader in Australia’s corporate trust industry. She brings expertise in business development, client management and funds oversight. Over 20 years, she is recognised for overseeing multibillion-dollar funds under management initiatives and as an expert in regulatory and compliance practices.
“This appointment is strategic and Kylie joins our expanded relationship management team in Sydney as a specialist in retail and wholesale fund trusteeship in a leadership role. We are excited to reposition the MSC business post our acquisition of Certane, and promote our new scale and full-service offering including corporate trust, custody and fund administration.”
Ms Holbrook said, “I am looking forward to working with a dynamic team that now brings a full-service, end-to-end, fund services solution to the market, giving fund manager clients an alternative to the traditional trustee and responsible entity models.”