Slattery to leave SMSF body in May

03-Feb-2017

By Sarah Kendell and Darin Tyson-Chan

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Andrea Slattery has resigned as chief executive of peak self-managed superannuation body the SMSF Association, although she will continue as a non-executive director.

Slattery will be succeeded by International Association of Insurance Supervisors head of capital and insolvency John Maroney when she steps down in May, it was announced at a media conference yesterday.

Association chair Andrew Gale thanked Slattery on behalf of the board for her hard work and achievements in her time as chief executive.

"We are deeply indebted to Andrea for the leadership she's provided to the SMSF sector and the association," Gale said.

"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.”

Commenting on her decision to step down, Slattery said: "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."

Maroney, a fellow and former CEO of the Institute of Actuaries of Australia, said he was excited to take on his new role.

"Under Andrea's leadership [the association] 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," he said.

"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.”

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