New director for Tower Australia board
Fiona Balfour will join Tower Australia as an independent non-executive director to the board, effective immediately.
Balfour is presently on the board of the publicly listed company Salmat and was recently appointed to the board of Metcash.
The chairman of Tower Australia Group, Rob Thomas, announced her appointment and said Balfour brought to the board additional expertise in fields that were highly relevant to the company.
“Fiona Balfour has more than 30 years executive experience across a wide range of businesses including financial services, health administration, aviation, information and telecommunication services, education as well as a range of not-for-profit organisations,” said Thomas.
Her previous experience includes performing senior executive roles for the Link Group, Medibank Private, Telstra Corporation and Qantas Airways.
The Tower Australia board of directors now consists of chairman Rob Thomas, managing director Jim Minto, Peter Lewinsky, Ralph Pliner, Elana Rubin, Don Findlater, Takayuki Kotani and Tetsuya Kikuta.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.