SA Govt to announce new Funds SA chair
The South Australian Government is expected to announce a new chairman for Funds SA later this month, following the departure of long-serving Funds SA chair, Dr Helen Nugent.
Nugent will step down from her position early next month.
Funds SA announced Nugent's impending departure from the organisation late last week, noting that she had spent 15 years in the chairmanship — a period during which funds under management had increased five-fold to now stand at over $26 billion.
Commenting on Nugent's departure, South Australian Treasurer, Tom Koutsantonis thanked she had steered Funds SA to achieve fantastic results for its investors, including the State's public sector superannuation scheme.
The State Government will announce the appointment of a new Funds SA Chairman in the coming weeks.
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.