The Industry Super Network (ISN) has announced the appointment of Zachary May to its executive ranks as the director of regulatory policy. May will provide advice and direction in the fields of government regulation, strategy and policy development. He will also focus on banking, investment and financial markets regulation.
Before moving to the ISN, May worked with the Securities and Exchange Commission (SEC) in the United States. In his role at the SEC, he provided strategic policy and legal advice to Commissioner Luis Aguilar during the global financial crisis and the subsequent reforms to US financial regulation.
ISN chief executive David Whiteley said May would help the organisation fulfil its mandate of improving the retirement savings of the five million Australians who are members of industry funds.
"He brings with him a deep knowledge of financial markets and products combined with an understanding of the importance of consumer and investor protection," Whiteley said.
May's appointment comes as the ISN research, policy and economics team has added to its ranks. Darren Anderson will join the Sydney office as an economist, and Dr Christian Clark has taken up the position of research analyst in Melbourne.
The corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to dwindle.
Australia’s second-largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
Add new comment