From APRA to FPA: Top organisation moves of 2022
Money Management has reviewed this year’s biggest people moves throughout the industry’s numerous financial organisations.
From councils to regulatory bodies, Money Management has collected the five people moves in the industry’s organisations that headlined H2 of 2022.
Financial Services Council (FSC)
In August, the Financial Services Council (FSC) announced the appointment of Renato Mota, previous CEO of Insignia Financial, and Alison Telfer, previous country head at UBS. The two joined the council as board directors and both held over two decades experience in financial services.
Council of Australian Life Insurers (CALI)
The Council of Australian Life Insurers (CALI) was established in June of 2022. The new industry body was formed by a group of insurers who departed from the Financial Services Council.
Following its launch, the council appointed Christine Cupitt as their first chief executive in October. She would join in January 2023 from her current position as chief of policy and strategy at the Australian Banking Association.
Fund Executives Association Ltd (FEAL)
In the same month, Katrina Bacon was appointed as chief executive of Fund Executives Association (FEAL). Bacon held 25 years industry experience, spending 21 of those years in numerous senior positions at KPMG.
Australian Prudential Regulation Authority (APRA)
The departure of APRA chairman Wayne Byres headlined in July 2022. He enjoyed eight years at the regulatory body, commenting that “now is a good time to hand over the chair’s role to someone new”.
The Treasury then announced in October that John Lonsdale would succeed Byres in his chair position. Margaret Cole, an APRA member, would consequently become deputy chair.
Financial Planning Association of Australia (FPA)
The final major organisation move came from the Financial Planning Association of Australia (FPA). Dante De Gori, FPA former chief executive, was appointed as chief executive of the global Financial Planning Standards Board (FPSB) in October.
Subsequently, the FPA appointed two new board members a month later: Angela Martyn and Jade Khao. The two certified financial planners brought wide industry experience to their new roles.
AUTHOR
Jasmine Siljic
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