FSC appoints Bell AM CEO to board
The Financial Services Council (FSC) has appointed Nick Fels, chief executive of Bell Asset Management, as a board director.
He became chief executive in 2017 and would bring more than 30 years of experience to the FSC board with the organisation describing him as a “highly accomplished business leader”. He had also held leadership positions at Bell Potter Securities, NAB and UBS.
FSC chair, David Bryant, said: “Nick is a welcome addition to the FSC board and his wealth of experience and knowledge of the financial services industry will be valued”.
Fels said: “I am pleased to take on this position as a Director and further support the FSC which is playing a vital role in contributing to good public policy for Australia’s financial services sector”.
This was the second people move for the FSC this month as chief executive, Sally Loane, also announced she would be departing the organisation after seven years.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.