Equity Trustees Limited is the Responsible Entity of Regal Investment Fund and is a wholly owned subsidiary of EQT Holdings Limited (Equity Trustees). Equity Trustees has sharpened its focus on growing the corporate trustee/responsible entity business, realigning two of its key leaders with the target market of Australia and Europe. Industry veteran Russell Beasley, who joined Equity Trustees in 2005 and took over leadership of the Australian Fund Services business in May 2019, has been promoted to Executive General Manager, Corporate Trustee Services - Australia. Harvey Kalman, who established the Corporate Trustee Services business in Australia 20 years ago and has led the expansion of the business overseas has been appointed Managing Director (UK and Europe) and Global Head of Business Development, Fund Services. To facilitate these changes, Mr. Beasley has been appointed as a Director and Mr. Kalman has resigned as a Director of Equity Trustees Limited with effect from 1 September 2020. Russell has overall responsibility for the operational compliance of all Responsible Entity and Corporate Trustee relationships within Australia. He joined Equity Trustees as Senior Relationship and Product Manager in February 2005. Subsequent appointments within Equity Trustees have included National Manager, Corporate Fiduciary Services and Head of Fund Services Australia. Russell also acted in the capacity of Chief Risk Officer for Equity Trustees for a period of 9 months to February 2019. Russell has more than 40 years' experience in the financial services industry, holding senior positions within funds management and retail banking. Previous roles include: Communication Manager, MLC Investment Management; Portfolio Manager, National Australia Funds Management; Senior Manager Operations, County Investment Management; and various retail banking appointments within National Australia Bank.