Hawker flies lone insurance flag on beefed-up FSAC
IAG CEO Michael Hawker remains the sole general insurance representative on the Federal Government’s expanded Financial Services Advisory Council (FSAC).
Treasurer Wayne Swan has appointed five new members to the council from the superannuation and non-bank lending sectors.
The new members are AMP MD and CEO Craig Dunn, GE Australia and NZ CEO Steve Sargent, Lazard Australia Advisory Board member Paul Binstead, AustralianSuper CEO Ian Silk and QSuper CEO Rosemary Vilgan.
The council now comprises 12 members in addition to Australian Securities Exchange MD and CEO Robert Elstone, who acts as FSAC Chairman. Members serve two-year terms and the FSAC meets around six times a year.
It was established 10 years ago in the wake of the Wallis reforms as a forum for financial leaders to advise the Government.
Treasurer Wayne Swan has appointed five new members to the council from the superannuation and non-bank lending sectors.
The new members are AMP MD and CEO Craig Dunn, GE Australia and NZ CEO Steve Sargent, Lazard Australia Advisory Board member Paul Binstead, AustralianSuper CEO Ian Silk and QSuper CEO Rosemary Vilgan.
The council now comprises 12 members in addition to Australian Securities Exchange MD and CEO Robert Elstone, who acts as FSAC Chairman. Members serve two-year terms and the FSAC meets around six times a year.
It was established 10 years ago in the wake of the Wallis reforms as a forum for financial leaders to advise the Government.