RBA director joins EQT Holdings board

Carol Schwartz has joined the board of EQT Holdings Limited.

Schwartz holds several directorships, including on the board of the Reserve Bank of Australia, Qualitas Property Partners, and the Trawalla Group. She's also the founding chair of the Women's Leadership Institute Australia.

In a statement, Schwartz says she's passionate about organisations that are focused on strengthening gender equality, creativity, sustainability and social justice. "I believe in companies that have a purpose beyond commercial success," said Ms Schwartz. "Equity Trustees is a company that has always existed to put the interests of others first - whether they are the beneficiaries of estates and foundations, members of superannuation funds or investors in managed investment schemes.

"While it has a strong balance sheet, at its heart, it is a company which helps people take care of the future and provides comfort it will deliver what it promises, whilst balancing the needs of shareholders. I am looking forward to working with this unique organisation," she said.

EQT chair Jeff Kennett says the outstanding leadership credentials and reputation in the not-for-profit sector make her a great fit. "She is recognised as an advocate for women in leadership and frequently called on for her insights into social enterprise, business, finance, gender equality and governance.

"Equity Trustees welcomes the considerable energy and unique experience Ms Schwartz will bring to this 131-year-old company. I welcome her on behalf of the Board of Australia's leading trustee company and look forward to working with her," Kennett said.