Chief executive officer of the Fund Executives Association Ltd (FEAL) Michael Baldwin will depart his position later this month, with Joanna Davison to take over until a suitable replacement has been found.
FEAL chair Neil Cochrane said Baldwin had made an enormous contribution to the association over the last 12 years and left it in a very healthy position.
"In Michael's time as CEO, FEAL established the industry's first Masters Degree in Leadership (in partnership with Melbourne Business School), initiated the Fund Executive of the Year Award recognising outstanding leadership in super, founded a mentoring initiative, several international scholarships and has delivered many successful forums and conferences," Cochrane said.
"As a result we are well placed to continue to build on Michael's legacy."
Joanna Davison, who will be interim CEO while FEAL searches for a suitable replacement, previously held senior positions at Colonial First State Global Asset Management and Russell Investments.
Baldwin will leave later this month to take up the position of assistant director for development, marketing and commercial operations at the National Gallery of Australia in Canberra.
Prior to joining FEAL, Baldwin held senior positions at the Powerhouse Museum in Sydney and the Association of Superannuation Funds of Australia.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
Add new comment