Calastone names Shannon Sweeney MD, Australia

Calastone, the global fund transaction network announced today it has further cemented its expansion into the Australian managed funds marketplace with the appointment of Shannon Sweeney as Managing Director, Australia.

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With over 15 years' experience in the financial services industry, most recently as Product Manager, Global Fund Segment Strategy leading Global Middle office and Fund Administration product at RBC, Shannon brings significant skills and talents to Calastone's Australian operation.

Julien Hammerson, CEO and Executive Chairman said "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. Shannon will build on the focused market development led by Kevin Lee, Joint founder who is returning home to the UK and will become a Non-Executive Director of Calastone Limited, the global parent."

Shannon Sweeney commented; "I am looking forward to an exciting role at Calastone as the business becomes a significant part of the Australian managed funds industry infrastructure, by helping our customers reduce costs and risks through our global messaging network." 

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