Cbus chief executive, David Atkin, has been named the winner of the 2017 Fund Executive Association Limited (FEAL) Fund Executive of the Year award.
Atkin won the award at a FEAL members’ dinner held in Melbourne on 2 August for his market contribution in areas such as environmental, social, and governance (ESG), diversity, the indigenous community, and unpaid super as well as his leadership at Cbus.
FEAL CEO, Joanna Davison, said: “Stand out examples of where David has had the most impact include his successful championing of innovation, sustainability, and the development of a new investment strategy to benefit members”.
“He has also ensured that Cbus has been at the forefront of public policy debate which has resulted in Cbus being the recipient of numerous awards under David’s leadership.”
Atkin has been Cbus CEO since 2008, the industry default fund which manages more than $40 billion on behalf of 770,000 members in the building and construction industry.
Atkin has also been the Australian asset owner representative on the Principles of Responsible Investment Council since 2009, is a member of the CEO Panel for the Investor Group on Climate Change, and is an Australian Institute of Company Directors (AICD) Investors Working Group member for the 30 per cent club, which campaigns for 30 per cent of women on Australian Securities Exchange (ASX) 200 boards by the end of 2018.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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