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FSC announces board changes
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.
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The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
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