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.
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.