Super representative appointed to FRC
A representative from Australia’s superannuation industry will sit on the Financial Reporting Council (FRC) for the first time, and is one of four new members that have been appointed to the body.
The new members appointed to the FRC, the oversight body for accounting and audit standard setting arrangements in Australia, will include Kevin Stevenson, who will also commence his role of chairman of the Australian Accounting Standards Board in July, Kevin Simpkins, who is the New Zealand Accounting Standards Review Board chair, and Michael Dwyer, who was recently appointed a full-time commissioner of the Australian Securities and Investments Commission.
Noelle Kelleher, who was nominated by the Association of Superannuation Funds of Australia, is a partner and director of Deloitte Touche Tohmatsu in superannuation tax services and will represent the superannuation industry.
“This new superannuation presence recognises the economic significance of Australia’s superannuation industry and the reliance placed by the industry on accurate financial information about the entities in which funds have invested,” said the Minister for Superannuation and Corporate Law, Senator Nick Sherry.
Meanwhile, six existing members of the FRC, consisting of Jim Murphy, John Stanhope, Eric Mayne, Klaus Zimmerman, Bruce Brook and John Gethin-Jones, were reappointed for another three-year term.
Recommended for you
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
