ASFA CEO announces departure
The Association of Superannuation Funds of Australia (ASFA) has confirmed its chief executive, Pauline Vamos, will resign from her position, effective 30 June.
The ASFA Board will start the recruitment process shortly to replace her, and has asked Vamos to stay until at least 30 June to ensure a smooth transition.
Vamos joined ASFA in 2007, and has held the CEO position for over eight years.
“I am choosing to leave at a time when the leadership and management team are strong and highly skilled," Vamos said.
"Our people are ASFA’s greatest asset and for a small team, we are able to punch well above our weight. It is this that has allowed us to enjoy the success we have achieved in recent years—particularly in influencing policy, lifting industry standards through our learning programs, delivering our renowned world-class annual conference and engaging with other pension systems globally."
The fact that it is an election year prompted Vamos to make the decision to step down from her role, as it means there will be respite in the second half of the year.
"When you have respite in a year, it does allow a new CEO to settle in, but I also knew that the first six months of this year was going to be absolutely enormous with the conference to do, with so much advocacy, and there's a couple of more things I want to do internally such as gateway governance," she said.
"They all need to be finished by June 30 so it’s going to be a massive time. But I just thought I can work seven days a week for the next few months and then leave the future CEO a very strong industry and a strong organisation.
“Whilst this has been a hard decision, it has been made easier knowing that ASFA is in such good shape. I thank the board for their support and look forward to watching the organisation continue to grow in influence and success."
ASFA chair, Dr Michael Easson, said Vamos had been an advocate for including various aspects into the superannuation debate such as insurance, investment governance, and advice, while pushing for industry self-regulation.
AUTHOR
Malavika Santhebennur
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