The Australian Custodial Services Association (ACSA) has announced the transition of chief executive Robert Brown, with a handover to a yet to be appointed candidate expected to be completed by September.
Brown was leaving to pursue private business interests but planned to retain a connection with ACSA and the industry.
ACSA chair, Sally Surgeon, who would oversee the transition process, said the board and members thanked Brown for his contribution to the association over the past four years.
“Rob led the organisation through a major transformation of operating model, put in place key management disciplines and fostered a high standard for engagement within the member base and external stakeholders,” Surgeon said.
Brown said he was proud of his contribution and believed ACSA was in a strong position to continue its role as the voice of the custody and investment administration sector.
“ACSA does an amazing job through our voluntary working groups in promoting systemic efficiency improvement on behalf of members and their clients,” Brown said.
“While not grabbing the headlines, the Association makes an important contribution to the machinery of the financial services sector, including superannuation and managed funds.”