Kelly’s move a ‘straight career decision’

FPA/fpa-chief-executive/insurance/chief-executive/executive-director/

11 January 2006
| By Ross Kelly |

The outgoing chief executive of the Financial Planning Association (FPA), Kerrie Kelly, has described her move to the Insurance Council of Australia (ICA) as a “straight career decision”.

“I was approached about a role which has some interesting challenges ahead of it,” Kelly said.

“My contract with the FPA was scheduled to come to an end in 2006 and I will be leaving in March 2006, so the timing is almost optimal.

“It’s probably a few months early that I’m leaving than I might have liked to.”

Kelly stepped into the FPA chief executive role to replace Ken Breakspear in November 2003. She immediately began a structural makeover of the organisation that involved cutting staff by close to 50 per cent.

“I’ve had the good fortune to have a tremendous staff that I have been able to put together here. We have made some significant advances and there are some real achievements, and it did make the decision harder.”

“Financial services is a bit like a bottomless pit. There’s always going to be something new that needs to be worked on, but, as I said, it’s a career decision on my part.”

Kelly will replace current ICA executive director Alan Mason.

Recently appointed FPA chair Corinna Deiters said she was confident the association could cope with Kelly’s departure.

“I think it’s really important that both Sarah [Brennan] and myself continue with what we have been doing, and that’s being involved in the key issues facing the FPA and the work that we have already put in around the big ticket items of professionalism and conflicts of interest.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo