Andrea Slattery steps down as CEO
The SMSF Association has announced its chief executive and managing director, Andrea Slattery will step down from the role effective May 2017.
Announcing the resignation at a media conference yesterday, Slattery said she had decided to step down from the role late last year to explore opportunities to progress her roles as a non-executive director.
She would remain a non-executive director of the SMSF Association.
Switzerland-based International Association of Insurance Supervisors' (IAIS) head of capital and solvency, John Maroney, has been appointed as the new chief executive.
"Both the growth of our superannuation sector, its leadership in advocating dignified retirement and national prosperity as well as its integrity, are testimony to what has been achieved, making this an ideal time to pass the baton to John for the next growth phase for the SMSF sector and the association," Slattery said.
Slattery also said the association had put in place a five-year strategic plan in January 2016 which defined the direction of the association as well as goals for the self-managed superannuation fund (SMSF) industry.
"That strategic plan is one year in place. It was important to have in place and it was important for John to be able to have engagement with that," she said.
Maroney was the CEO of the Actuaries Institute of Australia from 2006 to 2009, and has held various senior executive roles, having worked as the Australian government actuary, in the private sector (having built his own financial services consultancy), and industry and professional associations in Australia and overseas.
"Under Andrea's leadership, it has attracted a deserved reputation for its leadership role in the SMSF and financial services sectors, whether it be policy advocacy work, lifting educational standards or building a new profession," he said.
"Having worked for several not-for-profit member organisations, I appreciate the need to diligently serve the membership, as well as appreciate the importance of industry integrity issues."
SMSF Association chairman, Andrew Gale thanked Slattery for her contribution to the growth and development of the association over the last 14 years.
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