Shake-up on IFSA board
Ray Greenshield’s departure from the top job at AMP Financial Services has forced the Investment and Financial Services Association (IFSA) to reshuffle its board.
Ray Greenshield’s departure from the top job at AMP Financial Services has forced the Investment and Financial Services Association (IFSA) to reshuffle its board.
As reported by Money Management, Greenshields was appointed chairman of the as-sociation for 2000 back in September last year with Macquarie Bank chief David Ad-ams and Westpac Financial Services boss David Fite as Greenshield’s two second in commands.
Greenshields recently left AMP, so IFSA has given the nod to Macquarie’s David Adams to be chairman for the rest of 2000.
Adams has been with Macquarie for 19 years and has played an important role in the development of IFSA which was born of the merger of the Australian Investment Members Association (AIMA), the Life Insurance and Superannuation Association (LISA) and the Investment Funds Association (IFA) in late 1997.
Greenshield’s departure has also lead to a shake-up within the ranks of the board. His replacement at AMP, Andrew Mohl, has joined the board alongside Morgan Stanley Witter Investment Management marketing director Jon Buckeridge.
Recommended for you
Financial advice practice Eureka Whittaker Macnaught is in the process of acquiring three firms to boost its annual revenue to $25 million.
The Financial Advice Association Australia has appealed to licensees to urgently update their FAR records as hundreds of advisers are set to depart by the end of the year.
Demand for robo-advice tools is rising, a report has shown, but this is occurring simultaneously with rising demand for professional face-to-face advice.
ASIC has released the results of the latest financial adviser exam, held in November 2025.
