Axa Asia-Pacific CEO Les Owen and Axiss Australia Executive GM David Kent and have been appointed to the Financial Sector Advisory Council (FSAC). Commonwealth Bank MD David Murray has been reappointed.

FSAC – a non-statutory body established in March 1998 – pools a variety of financial services participants in a bid to provide the Government with advice on the financial services sector. Members are appointed for two years, depending on their continued involvement with the industry.

Former AMP CEO Paul Batchelor and former Axiss Australia CEO Les Hosking have stepped down.