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New VP brings wealth of knowledge to position

20 July 2005

Monash has appointed former Telstra director of strategic projects Mr David Pitt as the new vice-president, finance (chief financial officer).

Mr Pitt (pictured), who has worked in several senior positions at Telstra, will take up his new position on 1 August.

During his time at Telstra, Mr Pitt developed and implemented the company's new superannuation scheme and developed the strategy for implementing the early rollout of Telstra's Pay TV cable network.

He said he was looking forward to his role at Monash.

"The role attracted me for a number of reasons. Firstly it brings together the various roles I have performed at Telstra over the past decade, including strategy, financial planning, management and accounting, financial control, portfolio management and project management," he said.

"Secondly, I think Monash is a highly exciting workplace to be in. Just like telecommunications, the university environment provides continual change and challenges, which makes for an interesting life."

Mr Pitt has worked in a range of positions at Telstra including controller and manager of financial systems development, financial analysis director and general manager of finance and strategy, commercial and consumer.

He said that while the role at Monash would require similar technical skills, the working environment was very different.

"This position will throw up many challenges, but will also provide opportunity for new experiences and new learning, particularly given the calibre of the people working here.

"When I reviewed the role at Monash, I was surprised by the breadth and complexity of the organisation. Like all universities it has its challenges, but I see its depth and breadth as providing lots of opportunities to meet those challenges," Mr Pitt said.

Vice-chancellor Professor Richard Larkins said the university was fortunate in securing such an outstanding appointee.

"Mr Pitt is a highly qualified appointee and brings a wealth of experience in the financial sector to Monash," he said.