Actuaries Institute appoint senior executives for 2012
As part of a brand revamp, the Actuaries Institute has announced the appointment of David Goodsall as 2012 Institute president, John Newman as senior vice president and Daniel Smith as vice president.
Goodsall, Newman and Smith will work with Actuaries Institute chief executive Melinda Howes to develop insights into the effects of Australia's ageing population and the social and economic impacts of natural disasters. Furthermore, the Institute stated that the new senior executives will contribute to the debate around the governance and risk management of Australia's superannuation sector.
Previously known as the Institute of Actuaries of Australia, the Institute's brand name change and senior appointments follows the introduction of the organisation's global chartered enterprise risk actuary qualification, which is specifically focused on enterprise risk management.
Commenting on his new responsibilities as Institute president, Goodsall stated that the issue of how best to fund the growing lifespan of Australians was still "woefully unaddressed", more work needed to be done to build a "disaster-resilient nation", and superannuation governance practices for large funds needed a complete overhaul.
"As ever, the Institute will be focusing this year on ensuring the impartial perspective of our profession informs debates wherever it can help produce better outcomes for government, industry and the community," he said.
Goodsall has over 30 years' experience in the financial services industry, his most recent role being that of senior vice president for the Institute in 2011. Prior to this, he was a senior partner at Ernst & Young. He replaces former Actuaries Institute president Barry Rafe.
Newman is a current member of the Institute's council and a director of consulting firms Professional Financial Solutions and Foresight Systems. Smith is also an Institute council member and a director of actuarial consulting firm Taylor Fry.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
