Calastone strengthens links to Australia with appointment of local MD

Calastone, the provider of technology for facilitating fund transactions, has appointed Shannon Sweeney as its new managing director in Australia.

Sweeney has some 15 years’ experience in the industry, most recently in middle office and fund administration duties at RBC.

Her appointment comes as Kevin Lee, joint founder of Calastone, is set to return home to the UK to become a non-executive director of Calastone Limited, the parent company, said Julien Hammerson, CEO and executive chairman.

“We are delighted to have Shannon on board to drive our business at a key point in the development of Calastone in the Australian managed funds marketplace,” he said.


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