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BT appoints new CEO to start next month

BT has revealed who will step into the newly created role of chief executive.

On Wednesday, the wealth giant announced that Matthew Rady will take on the position where he will oversee a “combined business” that includes BT Platforms, including BT Panorama, BT’s Personal and Corporate Super, and Investments.

Westpac Group chief executive Specialist Businesses and Group Strategy, Jason Yetton, said Mr Rady will help “drive positive customer and member outcomes through one BT Financial Group business”.

“I am pleased that someone of Matt’s calibre will join us to ensure the business enters its next phase in a strong position,” Mr Yetton said.

Mr Rady previously worked as CEO at Allianz Retire and has held executive roles in companies including Macquarie Group and Iress.

BT managing directors Kathy Vincent and Melinda Howes will report to Mr Rady.

Mr Rady will start with BT in October.

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Neil Griffiths

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.