Fund Executives Association Ltd (FEAL) has announced that its CEO Michael Baldwin will depart later this month. Joanna Davison, who has previously held senior positions at Colonial First State Global Asset Management and Russell Investments will be appointed to the role of acting CEO while the FEAL Board undertakes a recruitment process.
FEAL Chair Neil Cochrane said: “Michael has made an enormous contribution to FEAL over the past 12 years, and leaves the Association in a very healthy position.
“Under his leadership FEAL has provided fund executives with unique opportunities to learn and develop and to extend their professional network. 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 recognizing outstanding leadership in super, founded a mentoring initiative, several international scholarships and has delivered many successful Forums and Conferences. As a result we are well placed to continue to build on Michael’s legacy. The FEAL Board thank Michael most sincerely and wish him continued success in his career,” said Neil Cochrane.
Michael Baldwin said: “It has been an incredible privilege for me to work with fund executives around Australia. FEAL has, and will continue to play, an important role in supporting the development of the superannuation industry. With a membership representing a significant portion of Australia’s retirement savings (forecast to grow to $4 trillion in the next 10 years*) the influence of the sector, in dollar-terms, will soon eclipse that of the Australian banking system. FEAL will support its members in preparing for the responsibilities and obligations that come with trust on a significant scale. “
Neil Cochrane said: “We are fortunate to have secured the support of Joanna Davison as interim CEO while we search for a suitable replacement for Michael. Joanna has been a valued friend and associate of FEAL for many years and brings extensive knowledge, industry networks and experience in stakeholder management.”
Michael leaves FEAL to take up the position of Assistant Director, Development, Marketing and Commercial Operations at the National Gallery of Australia in Canberra. Prior to joining FEAL, Michael held senior positions at the Powerhouse Museum (Sydney) and the Association of Superannuation Funds of Australia (ASFA).