First State Super chief executive, Michael Dwyer has won Fund Executive Association Limited (FEAL) and AMP Capital's Fund Executive of the Year Award.
FEAL said Dwyer received the award for demonstrating exceptional leadership during the merger between First State Super and Health Super and for deploying an innovative post-merger business structure.
Dwyer was also commended for his work on the board of the UNHCR (United Nations High Commissioner for Refugees) and will receive an education grant of $20,000 to study at a recognised international business school.
Past winners of the FEAL award include chief executive of UniSuper, Terry McCredden in 2011, chief executive of AUSCOAL Super, Bruce Watson in 2010, and chief executive of AGEST until 2010, Michael Seton.
Amid a challenging market environment, three super fund CIOs have warned against ‘jumping at shadows’.
The professional body is calling for the annual performance test to transition to a two-metric test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that warrant further refinement.
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
Add new comment