Fund and superannuation administration provider, Mainstream Fund Services has appointed a new chief executive.
The company announced to the Australian Securities Exchange this week that it had appointed former Link Fund Solutions and White Outsourcing chief executive, Andy Harrison to the position.
Commenting on the appointment, Mainstream Group chief executive, Martin Smith said Harrison’s appointment provided an opportunity for the firm to further build on its scale and operational expertise in investment administration, fund accounting and middle office services.
Harrison will take up his new role in October, with current Mainstream Fund Services chief executive, Nick Happell being promoted to chief executive officer, Asia Pacific, including Australia.
The announcement said Smith would be relinquishing his role as CEO, Asia Pacific, to focus on his Group CEO role and Mainstream’s key clients.
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.