Mohl re-elected to IFSA board

AMP Financial Services managing director Andrew Mohl has been re-elected to his second term as chairman of the board of directors for theInvestment and Financial Services Association(IFSA), for 2002.

Speaking at the association’s recent annual general meeting, Mohl commented that collaboration between IFSA’s member companies has resulted in an improved environment for the industry and investors.

Mohl also outlined the four areas of focus for the association next year; the implementation of the Financial Services Reform Act, the improvement of disclosure standards, continuing development of IFSA’s Genetic Testing Policy and advocacy in the area of retirement savings and income policy.

Joining Mohl as deputy chairman isColonial First Statechief executive officer Chris Cuffe, who has been an IFSA board member since the association was started in 1997.

IFSA deputy chief executive Richard Gilbert says while Mohl’s re-election to Chairman was uncontested, the IFSA Board has a good turn over and a steady stream of chief executives wanting to be involved.

“IFSA’s experience has been that there has been a good level of interest in companies’ chief executive officers wanting to be a part of the association. And that’s from small, medium and large organisations,” he says.

Ten other IFSA Board members were also announced includingZurich Financial Serviceschief executive officer Malcolm Jones, Sealcorp chief executive officer Ian Knox and BT Financial Group chief executive Ian Martin.

The two new recruits on the IFSA board for 2002 areAXA Australiamarketing and retail products general manager Richard Shermon andNational Australia Bankwealth management chief information officer Michelle Tredenick.

Gilbert says while the ten Board members constitute a fairly large board, the numbers are necessary to “achieve broad based representation”.

Also announced at the association’s general meeting was the appointment of Charles Macek as an Honorary Member of IFSA. Macek founded County Investment Management, which was acquired by Invesco early this year.