Three new faces have joined the Financial Services Council (FSC) board as directors, at the same time as long-serving FSC director and Australian Unity Group chief executive and chief investment officer, David Bryant, replaces outgoing director Brad Cooper as deputy chair.
AMP’s Australian Wealth Management CEO, Alex Wade, Challenger Limited’s chief financial officer, Andrew Tobin, and the Commonwealth Bank’s NewCo CEO, Jason Yetton, would all join the board.
MLC Wealth CEO, Geoff Lloyd, thanked Cooper for his service to the board, saying that in the last nine years as a director he had provided expert guidance and support, particularly during challenging periods for the industry.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.