Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

From APRA to FPA: Top organisation moves of 2022

FPA/APRA/cali/FSC/feal/

29 December 2022
| By Jasmine Siljic |
image
image image
expand image

Money Management has reviewed this year’s biggest people moves throughout the industry’s numerous financial organisations.

From councils to regulatory bodies, Money Management has collected the five people moves in the industry’s organisations that headlined H2 of 2022. 

Financial Services Council (FSC)

In August, the Financial Services Council (FSC) announced the appointment of Renato Mota, previous CEO of Insignia Financial, and Alison Telfer, previous country head at UBS. The two joined the council as board directors and both held over two decades experience in financial services. 

Council of Australian Life Insurers (CALI)

The Council of Australian Life Insurers (CALI) was established in June of 2022. The new industry body was formed by a group of insurers who departed from the Financial Services Council.

Following its launch, the council appointed Christine Cupitt as their first chief executive in October. She would join in January 2023 from her current position as chief of policy and strategy at the Australian Banking Association.

Fund Executives Association Ltd (FEAL)

In the same month, Katrina Bacon was appointed as chief executive of Fund Executives Association (FEAL). Bacon held 25 years industry experience, spending 21 of those years in numerous senior positions at KPMG.

Australian Prudential Regulation Authority (APRA)

The departure of APRA chairman Wayne Byres headlined in July 2022. He enjoyed eight years at the regulatory body, commenting that “now is a good time to hand over the chair’s role to someone new”. 

The Treasury then announced in October that John Lonsdale would succeed Byres in his chair position. Margaret Cole, an APRA member, would consequently become deputy chair. 

Financial Planning Association of Australia (FPA)

The final major organisation move came from the Financial Planning Association of Australia (FPA). Dante De Gori, FPA former chief executive, was appointed as chief executive of the global Financial Planning Standards Board (FPSB) in October. 

Subsequently, the FPA appointed two new board members a month later: Angela Martyn and Jade Khao. The two certified financial planners brought wide industry experience to their new roles. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

2 weeks 4 days ago

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

3 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks 6 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks 3 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

5 days 6 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3