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.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.