ISA has promoted its chief operations officer Bernie Dean to the top role, effective from 1 September 2018.
Mr Dean, who is currently the chief operating officer of ISA, will replace long-serving CEO David Whiteley, whose departure was announced on 13 April 2018.
Mr Whiteley will be joining IFM Investors as global head of external relations in September.
Mr Dean is a former Victorian public servant and has held positions at WorkSafe Victoria and the department of former Victorian premier Steve Bracks.
Commenting on his Mr Dean’s appointment, ISA chair Peter Collins said, “Bernie’s commitment to improving the quality of retirement of all Australian workers is paramount.
“During his time at ISA, Bernie has led a series of ground-breaking campaigns, including ‘Compare the Pair’, ‘In good hands’ and ‘Banks aren’t super’.
“More broadly, Bernie has experience working with governments, employers and trade unions, and is well-known among industry super funds.”
Jobs for the Union boys…!
In my opinion the FPA was complicit in the ‘compare the pair’ campaign as it did not defend or in any way invalidate the industry fund claims. What conclusion do you think clients reach when they see those ads – for many years – without any counter-claim.
Agreed Michael, there has been an obvious and distinct lack of support for members and their businesses from associations in respect to counter claims and hard evidence used to attack the misleading advertising produced over so many years.
Repetition on a monotonous basis has worked for Harvey Norman for decades and one can only assume the subliminal messages become reality when seen or heard enough times.
With the RC now exposing possible cartel like behaviour by banks, it would be good if they would look back on the process surrounding the Life Insurance Framework negotiations and apply the analysis to the way the vast majority of the large financial institutions who were and are members of the FSC manipulated the outcome and colluded in the knowledge they had market and distribution power.
There’s no benefit in it for the FPA.
ISA – gotta love how we can label direct property as a defensive asset eh? Especially when it is privately owned.
ISA – thank god for all those FWA arrangements assuring inflows while we prop up outflows and not have to liquidate any direct property as we revalue it (privately, not marked to market) and show our awesome returns.
ISA – let’s reinvent the capital structure framework too (what is debt- what is equity?)
ISA – even better when we can build that skyscraper ourselves. I wonder if the contracts get any markups or can we use preferred contractors? (Conflicts of interest? No, never!)
ISA – yes considering this framework, those independent directors on our board would just be terrible wouldn’t they?
good one! made me have a good laugh
According to Bernie Dean’s profile, he was an ” organiser” with the ACTU in the 1990’s.
The Institute of Public Affairs in their Nov, 2017 report titled ” Rivers of Gold: How the Trade Union Movement is Funded by Industry Super” found that between the 2013-14 and 2016-17 financial years, trade unions received $18,438,516 from Industry superannuation funds via Directors Fees.
The ACTU was the 3rd largest recipient receiving $2,050,363.
The method of filtering massive sums to unions via directors fees is the way they get around arguing they are not pilfering member’s funds.
If Bill “Union Puppet” Shorten was to ever get to the big chair, don’t think that $18 million is a lot of money because the flood gates will be opened and the rivers of gold will become oceans of gold.
Jobs for the boys. Like for like clearly, Hilarious that as part of their consideration, or his cited ‘experience’, it has nothing to do with great compliance or ensuring clients funds are looked after according to sole purpose or fiduciary obligation or placing clients in a better position, but rather sleazy marketing slur campaigns! Clearly a good cultural fit for a mob of hypocritical lying thugs, as the trade unions were thus correctly named by their own RC. Expect more non-factual vitriolic poison thrown out to the media from this newly appointed scumbag, by the sounds of it.