IFSA refreshes board
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The Investment and Financial Services Association (IFSA) has refreshed its board, with Harry Stout and Peter Promnitz being given permanent roles after filling casual vacancies in recent years.
Stout is chief executive of ING Australia while Promnitz is chief executive of Mercer (Australia) and the head of Mercer’s broader Asia Pacific regional operations.
Perpetual managing director David Deverall remains chair of the organisation, while Macquarie Bank’s Peter Maher and Colonial First State’s Brian Bissaker remain as deputy chair.
Those re-elected to the board were MLC’s Steve Tucker and Maria Wilton from Franklin Templeton Investments.
Board members who were not up for re-election and remain on the board are Michael Bargholz (AllianceBernstein), Greg Cooper (Schroder Investment Management), Warren Lee (AXA Australia), Geoff Lloyd (BT Financial Group), Craig Meller (AMP Financial Services) and Anne O'Donnell (Australian Ethical Investment).
At IFSA’s annual general meeting, former chief Richard Gilbert was awarded honorary membership of the association for life.
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