Rosario confirmed as new FEAL chair

Howard Rosario, the chief executive of Westscheme, has been elected chair of the Fund Executives Association Ltd (FEAL), following the retirement from the board of Brett Westbrook, former chief executive of Future Plus.

Westbrook flagged his intention to step down from FEAL after resigning from Future Plus, owned by the NSW Local Government and Energy Industries Superannuation Scheme, in July. He has not yet announced a new position in the industry, but is thought to be considering positions with service provider organisations rather than another super fund. FEAL members have also elected three new directors: Damian Hill, the chief executive of REST; Colin McGuinness, the chief executive of NGS Super; and Paul Watson, the deputy executive director of MTAA Superannuation Fund. Joe Farrugia, the secretary of the Catholic Superannuation Fund in Victoria, remains deputy chair. Terry McCredden, of Telstra Super, has also retired from the board. The remaining directors are: Michael Dwyer (First State Super), David Elia (HOSTPLUS) and Frances Magill (Statewide). Lorraine Berends, the Australian representative for Marvin & Palmer Associates, is an adviser to the FEAL board.

, , , , , , , , , , ,

Leave a Comment

Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

Sort content by