Mutual Trust promotes executive to head of investment solutions

Family office Mutual Trust has promoted one of its directors to the newly created role to reinforce its contemporary wealth offering.

Hemant Govan, previously head of research and portfolio management and stationed at the company for over nine years, has been appointed to lead and develop the firm's wealth capability and ensure portfolios, research and due diligence for new investment opportunities, Mutual Trust said.

Prior to Mutual Trust, Govan held senior positions at AIA, Victorian Funds Management Corporation, and Invesco.

The role has been established as part of Mutual Trust's strategy to strengthen its investment solutions capability at the core of its wealth offering, the family office said.

Mutual Trust chief executive and managing partner Phil Harkness said the appointment reflects Hemant's leadership and contribution to delivering quality and consistent outcomes for clients.

"This newly created role underscores the strategic investment we have made in resources and knowledge to enhance our wealth capability," Harkness said.

"Our clients, particularly ultra-high net worth families, value a service model that is genuinely differentiated - one that combines deep investment expertise with a highly personalised, long-term approach.

"This role reflects our commitment to maintaining a unique service offering that supports families across generations."

Meanwhile, head of wealth Jono Gourlay said Govan's appointment is timely as Mutual Trust's wealth offering has evolved significantly in recent years.

"This promotion recognises both that evolution and the importance of strong investment capability at its core. Hemant's leadership across portfolio management, research and trading is central to delivering the quality and consistency our clients expect," Gourlay said.

"Hemant's track record in portfolio management, research and trading has been instrumental in our success. His leadership in this expanded role will ensure we continue to deliver the quality our clients expect while positioning us for future growth."