CFS appoints head of insurance

Colonial First State has appointed Adrian Fortescue as its head of insurance, which commenced on 1 March.

Fortescue joined from Munich Re Australia and had over 20 years of financial services and health management experience.

CFS head of superannuation, Kylie Turner said: “CFS plays an important role for members who hold insurance through their superannuation accounts.

“Last year we supported over 1,400 members paying out $179 million in insurance benefits to support individuals and families in their time of need.”