POWERED BY MOMENTUM MEDIA
AIA Australia head on FSC board
AIA Australia CEO Damien Mu has been elected to the Financial Services Council (FSC) board.
Mu joined AIA Australia in 2007, and his roles have included head of group insurance, chief distribution and marketing officer and general manager of life insurance.
Before that, he was the operations manager for Australian Super and national manager of insurance and claims services at Superpartners.
He was also in the retail master trust sector at Colonial, and Aviva's British arm Norwich Union, before it was phased out.
"With more than 17 years' experience in the Australian financial services industry, spanning operations, claims and underwriting, superannuation, investments, distribution, product, pricing and marketing, Damien brings a wealth of experience to the FSC Board," FSC chairman, Greg Cooper said.
The FSC Board now has Greg Cooper as chairman, BT Financial Group CEO Brad Cooper and Perpetual Limited CEO Geoff Lloyd as co-deputy chairmen.
Recommended for you
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.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
