AUSCOAL's Bruce Watson named FEAL Fund Executive of the Year
AUSCOAL Super chief executive Bruce Watson has been named as the winner of the 2010 Fund Executive Association Limited (FEAL) Fund Executive of the Year Award.
The award, in partnership with AMP Capital Investors, recognises outstanding leadership and achievement by a fund executive within the Australian superannuation industry, according to AMP.
Watson was selected by a panel of industry leaders and peers for demonstrating innovative and outstanding leadership in responding to the needs of the fund and its members during a challenging year, AMP said.
AMP Capital Investors business director for client, product and marketing Brian Delaney said Watson had shown extraordinary leadership in identifying and responding to the needs of AUSCOAL Super’s 65,000 members to ensure they received the maximum benefit from their superannuation.
“Bruce’s ‘hands on’ approach together with his passion and commitment to staff and clients make him a deserving recipient of this award,” he said.
Watson will receive a $20,000 education grant to study at an internationally recognised business school, as part of FEAL and AMP Capital’s commitment to supporting professional development, AMP said.
AUSCOAL chairman Arthur Weston congratulated Watson for his leadership, member focus and innovation.
“Over the last five years Bruce has demonstrated inclusive, yet decisive leadership. He has devoted his time to a number of important strategic issues, identified significant growth opportunities and achieved breakthrough results by constantly searching for new and better ways to understand and meet the needs AUSCOAL Super members and employers,” he said.
Watson said it was a privilege to be among such an esteemed group of prior recipients, and paid tribute to the work and support of the AUSCOAL Super team.
He also credited Weston and thanked him for his nomination, and thanked AMP for supporting the awards.
“One of the great achievements in five years as CEO has been to implement and see the rewards of a wonderful leadership training program,” Watson said.
Recommended for you
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
Michael McCorry, chief investment officer at BlackRock Australia, has detailed how investors are reconsidering their 60/40 portfolios as macro uncertainty highlight the benefits of liquid alternatives.
Having reset its market focus to high-net-worth advisers, Praemium’s administration solution has been selected by Bell Potter in a deal that increases the platform's funds under administration by $6 billion.
High transition rates from financial advisers have helped Netwealth’s funds under administration rise by $3.7 billion in the fourth quarter of FY25.
