AIC appoints CEO

AIC/ceo/macquarie/FINSIA/Yasser-El-Ansary/

4 August 2022
| By Laura Dew |
image
image
expand image

The Australian Investment Council (AIC) has appointed Navleen Prasad as chief executive following a global search process.

Prasad had over 25 years experience in financial services and joined AIC from Macquarie Group where she was most recently head of government and external relations.

She would commence the role from early November and replace Yasser El-Ansary who stood down from the organisation in January to join FINSIA.

AIC chair, Alicia Gregory, said: “We are delighted to appoint Navleen to the role of CEO. Navleen brings an outstanding understanding of the investment management industry combining strong policy, government and communications credentials underpinned by a high results orientation. In a constantly changing environment, Navleen’s skills, experience and fresh perspectives will be highly valued by the Council’s team and membership base.

“The board was unanimous in its view that Navleen is the right person to lead the AIC.”

Prasad said: “It is an honour to be appointed to lead the Australian Investment Council and to work with, and advocate for, our members who invested $28 billion into businesses across the Australian economy in 2021 and have a further $10 billion ready to deploy. I look forward to working alongside our members as they continue to invest in current and future industries.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 4 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 3 days ago

TOP PERFORMING FUNDS