FSC board welcomes super fund CEO
Kelly Power, chief executive of Colonial First State Superannuation, has been appointed to the Financial Services Council (FSC) board.
She was previously a representative on the FSC’s superannuation board committee and was a director of the Association of Superannuation Funds of Australia (ASFA).
FSC chairman David Bryant said they were “delighted” to welcome someone of Power’s calibre and experience to the board.
“As a senior industry leader with a commitment to placing the interests of consumers at the forefront of policy development, Kelly will make an invaluable contribution as the FSC continues to lead national debates,” he said.
Power had been appointed CFS Super CEO in July 2021, where her responsibilities included oversight of the superannuation business, including as a member of the trustee board. She was also responsible for investments, product, and strategy.
She first joined the firm as general manager product in 2018, adding marketing and strategy and responsibility for the Wrap business in late 2020.
Prior to that, she was the head of platforms at BT Financial Group, where she also held a number of other executive management roles.
Power would bring two decades of experience in financial services to her role as a board member of Australia’s peak body for retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks, and licensed trustee companies.
Commenting on her appointment, she said: “This is an exciting period of innovation and competition in the sector and I look forward to working with my fellow FSC directors to drive positive change for consumers and help shape the future of financial services in Australia”.
AUTHOR
Rhea Nath
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.
