Insignia Financial names head of super

18 May 2023
| By Rhea Nath |
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Mark Oliver, chief distribution officer at Insignia Financial, has taken on new responsibilities as head of superannuation at the business.

In this role, he would serve as a point of contact for Insignia Financial’s superannuation trustees and as conduit to the trustees for services and governance engagement.

Oliver had held the role of chief distribution officer for over a year and had been with the business, as IOOF Holdings, for over six years. 

His 30 years of experience included six years with BlackRock Australia, most recently as managing director and head of wholesale advisory and iShares and two years at Credit Suisse as head of institutional distribution. 

His expertise spanned sales and relationship management teams across institutional, wholesale/intermediary and direct channels for a range of wealth products and services. 

Commenting on the updated roles and responsibilities, Renato Mota, chief executive of Insignia Financial, believed Oliver’s additional responsibilities would provide “greater clarity and connection with trustees”.

Mota added: “At Insignia Financial, we are committed to good corporate governance practices. We are focused on continued investment into our three lines of defence as we uphold our risk management frameworks for the benefit of our stakeholders. 

“We remain dedicated to the continued delivery of improved client and member outcomes and the ability to operate in the best financial interests of beneficiaries.”

Along with Oliver’s expanded role, the firm also welcomed two additions to the executive team: Anvij Saxena as chief risk officer (CRO) and Anne Coyne as chief member officer (CMO).

Coyne would report directly to the chair of Insignia Financial’s superannuation trustees, where she was responsible for exercising fiduciary responsibilities on behalf of the trustees and advocating for quality member outcomes.

She brought more than 25 years’ industry experience to the role, with the last 15 years at MLC and Insignia Financial.

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