Australian Ethical appoints new chairman and board members
Steve Gibbs has been appointed chairman of Australian Ethical Investments following André Morony's decision to stand down.
Morony will depart the company at the end of this month after two years in the role but will remain on the board as an ordinary member to ensure a smooth transition, Australian Ethical stated.
Morony said that despite a difficult operating environment for the business, the general public was now more aware of the important role that social, environment and ethical considerations play in the investment decision-making process.
"I have known and worked with Steve Gibbs for over a decade and I have every confidence that he will further strengthen Australian Ethical in the period ahead," he added.
Australian Ethical has also appointed Mercer senior partner Tony Cole and Mara Bun as members of the board.
For the past 17 years Cole has held senior investment consultant and executive roles with Mercer's investment consulting business, including heading the business in the Asia Pacific region for more than five years.
Before that, he held senior positions in the Commonwealth Public Service, including Secretary to the Treasury.
Bun is currently chief executive of environmental organisation Green Cross Australia and has previously worked for The Wilderness Society, Greenpeace Australia, Choice, and the CSIRO.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
