FSC announces two board changes

financial-services-council/geoff-lloyd/Annabel-Spring/Sally-Loane/brad-cooper/brian-benari/people-and-products/

22 March 2018
| By Hannah Wootton |
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The Financial Services Council (FSC) has announced two board changes, with Brian Benari becoming co-deputy chairperson alongside Brad Cooper and Marianne Perkovic taking up a directorship.

Benari would bring a wealth of executive experience to the role. He would have led Challenger since February, 2012, and had been both the company’s group chief financial officer and chief operating officer previously.

He had been on the FSC board since September, 2013 and co-chairs its Standards, Oversight and Disciplinary Board and Superannuation Board Committees.

Perpetual chief executive, Geoff Lloyd, remained chairman of the board.

Perkovic would offer experience as Commonwealth Bank’s executive general manager Commonwealth Private. In this role, she led a significant transformation and cultural change program.

She would also bring expertise gained as CEO at Count Financial Limited. When appointed to the role in August, 2006, she was the youngest female CEO of an ASX-listed company.

Perkovic replaced Commonwealth Bank group executive for wealth management, Annabel Spring, who stepped down from the board at the end of last year.

FSC CEO, Sally Loane, welcomed both appointments.

“I’d like to welcome Brian to the role of deputy co-chairmen and thank him for his ongoing commitment to the good governance of our organisation,” she said.

“I also look forward to working with Marianne, whose impressive record in leadership roles in the financial advice space will add significant experience to the FSC board.

Perkovic said that she was “privileged to be appointed to the FSC Board at such a significant time for the industry as we work together to restore trust and ensure the financial wellbeing of Australians.”

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