The FSC has added Commonwealth Private executive general manager Marianne Perkovic as a board director.
Ms Perkovic has held a number of general manager and executive roles at the Commonwealth Bank and Colonial First State since 2010, a statement issued by the FSC said.
Prior to her time at the major bank, she was managing director and chief executive at Count Financial for more than 10 years.
FSC CEO Sally Loane said she looked forward to working with Ms Perkovic, “whose impressive record in leadership roles in the financial advice space will add significant expertise to the FSC board”.
Commenting on her own appointment, Ms Perkovic said, “I am privileged to be appointed to the FSC board at such a significant time for the industry as we work together to restore trust and ensure the financial wellbeing of Australians.”
Ms Perkovic will step into the role vacated by CBA group executive of wealth management Annabel Spring, who departed her position at the lobby group in December 2017.
Ms Spring left CBA following the announcement that the bank was divesting life insurance businesses CommInsure and Sovereign.
Challenger managing director and chief executive Brian Benari has also been appointed to the role of co-deputy chair at the lobby group.
Mr Benari has been an FSC director for nearly five years and co-chairs a number of the council’s committees.
Ms Loane noted Mr Benari’s time serving at FSC and said he was a “highly respected leader in financial services”.
Mr Benari and Ms Perkovic’s combined 50 years’ experience bring a “broad range of skills” to their roles at FSC, added chairman Geoff Lloyd.
“I look forward to working closely with them as the FSC develops public policy aimed at achieving a comfortable retirement for all Australians and promoting growth in the economy,” Mr Lloyd said.
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