NSW Government-owned super member administrator, Pillar Administration, had a new chair from June 18.
The former director-general of the NSW Premier’s Department, Col Gellatly, took over from Bob Walker, who it’s understood had chaired the NSW Government-owned organisation since before it changed its name from SAC to Pillar in 2001. Pillar directors are appointed and removed at the behest of Pillar’s ‘shareholder’ ministers – currently Commerce Minister John Della Bosca and Treasurer Michael Costa. The chief executive of Pillar, Peter Cormack, was unavailable for comment at presstime.
26 June 2007 00:00
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Investments
Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.
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