First State Super appoints two group executives

First State Super has appointed Sarah Forman as group executive advice and Peter Chun as group executive member growth.

Forman was previously at BT Financial Group where she was national manager responsible for a team of 600 employees providing financial advice to customers of the Westpac banking group.

She would take over from Graeme Arnott, who moves to deputy chief executive, who had been temporarily acting in the role. He would stay in this role until mid-2020 where he would then see a transition into pursuing other board positions and interests.

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Forman would lead the development of First State Super’s advice products and services while overseeing a national network of around 200 planners.

Chun would take up his role in January 2020, being responsible for brand, marketing, digital, product and business development.

He was previously at Colonial First State where he was general manager strategy and transformation.

He would take over for Suzanne Holden, who had been in the role since April 2019, and she had accepted a role as chief customer officer at Sydney Trains starting in December 2019.

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Industry Super Funds who went for the jugular of retail super funds and their advice businesses, now employing their Executives to run their own financial planning business. Has the red ink even dried on the final amount of remediation costs associated with inappropriate advice given to customers of Westpac?
Good luck with that when the Executives sales culture is pushed onto the industry fund financial planners.

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