Danielle Press

Insignia Financial has appointed Danielle Press as Chair and Non-Executive Director of the Insignia Financial Ltd (IFL) Trustees (Insignia Trustees)^[1]. Ms Press will join the Trustees as a Non-Executive Director from 19 September 2024 and will commence as Chair in November.

Ms Press joins the Insignia Trustees with more than 30 years’ experience across the financial services industry, most recently as a Commissioner at ASIC between 2018 and 2023. Prior to that she was CEO at The Myer Family Company, CEO at Equipsuper and Managing Director at UBS Global Asset Management.

Ms Press will replace Lindsay Smartt who, after five years with the organisation, has decided to step down.

Commenting on the appointment, Insignia Financial Chair Allan Griffiths said attracting a Chair of Ms Press’ calibre and experience would serve the organisation’s super fund members well.

“We’re excited to welcome Danielle,” said Mr Griffiths. “She brings a wealth of industry knowledge and an unwavering commitment to driving outcomes for members.

“Danielle’s appointment also highlights our ongoing focus on and commitment to uplifting our risk governance culture.

“I would also like to take this opportunity to thank Lindsay for his leadership and contribution during his time with us. Lindsay has played a significant role in how we, at Insignia Financial, look after our superannuation members and their best interests,” said Mr Griffiths.

Ms Press said: “I genuinely believe in the power of Australia’s superannuation system and what it can deliver for members in retirement.

“I’m honoured to be joining Insignia Financial at such a transformational time for the organisation, and committed to helping drive member outcomes.”

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[1] The Insignia Financial Ltd (IFL) Trustees (Insignia Trustees) comprise four entities, I.O.O.F. Investment Management Limited (IIML), NULIS Nominees (Australia) Limited (NULIS), OnePath Custodians Pty Ltd (OPC) and Oasis Fund Management Limited (OFM). Collectively, these entities are responsible for five Registrable Superannuation Entities (RSEs) including MLC Super, Retirement Portfolio Services, Oasis Superannuation Master Trust, AvWrap and IOOF Portfolio Service.

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Scott Hartley

Insignia Financial (ASX: IFL) is pleased to announce the appointment of Scott Hartley as Chief Executive Officer (“CEO”) of Insignia Financial.

Scott joins Insignia Financial following an extensive search to replace Renato Mota, whose departure was announced in late October. Scott will commence in his role as CEO on 1 March 2024 and will join the company from 26 February 2024.

With over two decades of experience in the wealth management sector, Scott has a breadth of industry knowledge, most recently serving as CEO of AMP Australia. Prior to AMP, Scott was CEO of Sunsuper and led MLC’s corporate and institutional wealth businesses.

Commenting on the appointment, Allan Griffiths, Insignia Financial Chairman said:

“Scott joins at a pivotal point in the business and his appointment is key to providing a fresh perspective as we continue into the next phase of executing on our strategy.

“Scott’s deep experience and strategic leadership will be critical as we continue to build on our established foundations and move forward with clarity and focus on the opportunities our market position and capabilities provide.

“On behalf of the Board I would like to welcome Scott and look forward to working together. I would also like to express my gratitude to Renato for his 20 years of service and dedication to the organisation, five of which as CEO.”

Incoming CEO, Scott Hartley said: “I am honoured to be chosen to lead Insignia Financial and excited to be joining Insignia Financial at this transformational time as it builds upon its strong foundations to support Australians to achieve greater financial wellbeing.

“Insignia Financial is uniquely positioned in the industry, with capabilities in advice, platforms, superannuation, and asset management, and a strong client focused culture which can be leveraged to create value for all stakeholders, including shareholders, clients, advisers, and members. Insignia has an exciting future and I look forward to working with the Insignia team to accelerate execution of Insignia’s strategy.”

Scott will also join the Insignia Financial Board as Executive Director.

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