Qantas Super chief executive, Michael Clancy, has been appointed as chair of the CFA Societies Australia’s Australian Governance Council.
Clancy had more than 25 years’ experience in the financial services industry and was a specialist in superannuation, investment, and insurance. He was also a director of the Association of Superannuation Funds of Australia (ASFA).
He had worked as CEO at Qantas Super since November 2015 and previously worked for 15 years at NAB.
The appointment would run for an initial three-year term.
The Australian Governance Council provided governance oversight and strategic direction to CFA Societies Australia on behalf of members Australia-wide.
Lisa Carroll, CEO of the CFA Societies Australia, said: “I congratulate Michael and look forward to working with him in his new role, which is a key leadership role in advancing our Australian strategy and the four goals of brand, engagement, value, and growth.
“Michael brings strong governance and strategy experience, gained in investment management leadership roles and board positions, including membership of investment associations and large not-for-profits.”
Clancy said: “It’s a privilege to be the inaugural chair of the CFA Societies Australian Governance Council and I look forward to working with everyone involved in the local CFA Societies as we encourage candidates, serve our members and advance the purposes of the CFA Institute in Australia.”
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.