Industry Super Australia has announced that chief executive David Whiteley will leave his role with the lobby group to take a position with an investment manager.
Mr Whiteley will leave Industry Super Australia after 12 years as its chief executive to join IFM Investors as global head of external relations.
Mr Whiteley has led the industry super campaign against retail funds for the past decade, overseeing the 'Compare the Pair' marketing campaign.
His new role at IFM Investors, a global fund manager that invests money on behalf of its industry fund owners, will be to head up global external relations.
In his new role, which he is expected to begin in September, Mr Whiteley will report to the fund manager's chief executive Brett Himbury.
The IFM Investors role will see Mr Whiteley have global responsibility for the firm’s relationships with government, media, shareholders and industry groups.
"We are delighted to attract an executive of Mr Whiteley’s standing whose stewardship and advocacy on behalf of ISA has resulted in the establishment of one of the most high-performing peak financial services bodies in the country, delivering exceptional policy outcomes for everyday working Australians," Mr Himbury said.
Commenting on Mr Whiteley's departure from Industry Super Australia, chair Peter Collins said he had turned ISA into "what is indisputably the best policy, lobbying and campaign organisation in our industry".
"ISA led the public campaign to clean up the financial advice industry and provided the policy grunt for what would become the Future of Financial Advice (FoFA) laws. ISA then stopped these laws being watered down by the incoming Abbott government, in the face of relentless lobbying by the banks," Mr Collins said.
"ISA led the campaign to retain the Low Income Super Contribution (LISC) while David and his team successfully saw off attempts to diminish the governance of industry super funds and make them more like banks."
Fiducian's funds under management, advice and administration (FUMAA) hit $11 billion as at 30 September. ...
The wealth platform recorded FUA growth during the latest quarter following the BT Wrap migration. ...
More than half of institutional investors and wealth managers expect a dramatic increase in diversification. ...