Schroders Australia chief executive Greg Cooper has been elected chairman of the Financial Services Council (FSC).
Cooper will officially replace retiring chairman Peter Maher from 1 August at the FSC's Annual Conference.
Maher said Cooper has made a significant contribution to the FSC since being elected a director of the board in 2008.
"He (Cooper) has been a deputy chairman of the FSC since 2011, deputy chairman of the FSC Administration and Risk Board Committee, deputy chairman of the FSC's Nominations Board Committee and co-chairman of the FSC's Investment Board Committee," he said.
Cooper said under Maher's chairmanship the FSC led key industry changes including the increase to compulsory superannuation contributions from nine to 12 per cent, the push for industry self-regulation and the ending of commissions through the FSC's standards.
