Andrea Slattery will be stepping down as CEO of the SMSF Association, with John Maroney appointed to that position, effective from May 2017.
A statement by the SMSF Association said that Slattery will remain as a non-executive Director of the Association.
“The Association and its members, SMSF trustees, the self-managed super fund sector and the superannuation industry all owe Andrea a great debt of gratitude for her tireless work over the years,” said SMSF Association Chairman Andrew Gale.
“She has brought commitment, enthusiasm, experience and knowledge to the task, and can look back with enormous pride on an enviable record in terms of what she has achieved for the SMSF sector. With this legacy, the Board is delighted that Andrea is continuing as a non-executive Director,” he said.
Andrea Slattery said: “The Association is recognised as the pre-eminent organisation in the SMSF community by government, regulators, educators and the industry – a tribute to our hard work over the past 14 years.”
“Both the growth of our superannuation sector, its leadership in advocating dignified retirement and national prosperity as well as its integrity, are testimony to what has been achieved, making this an ideal time to pass the baton to John for the next growth phase for the SMSF sector and the Association.”
John Maroney is a Fellow of the Actuaries Institute and is Head of Capital and Solvency at the International Association of Insurance Supervisors (IAIS).
“He brings diverse experience as a senior executive to the role, having worked as the Australian Government Actuary, in the private sector (including building his own financial services consultancy), and industry and professional associations in Australia and overseas,” said the SMSF Association statement.
Chairman Gale said Maroney is the ideal person for the position of CEO.
“As CEO of the Actuaries Institute (2006-09), he played a significant leadership and advocacy role, with a particular focus on lifting educational standards and building the profession, as well as driving membership growth and developing partnerships with universities.”
“I am excited to join the Association,” Maroney said.
“Under Andrea’s leadership, it has attracted a deserved reputation for its leadership role in the SMSF and financial services sectors, whether it be policy advocacy work, lifting educational standards or building a new profession. I have always been passionate about Australia’s superannuation and retirement income system and this position gives me the opportunity to focus on issues and concerns of millions of Australians.”
Slattery said that the Association has grown in parallel with the SMSF sector itself, “nurturing the emergence” of the SMSF specialist.
“It’s a legacy in which I take great pride, acknowledging it has only been possible to achieve this in partnership with the Association’s Board, its members and my wonderful team and industry volunteers,” Slattery said.