HESTA, UniSuper, Local Government Super and QSuper have been awarded scholarships from the Fund Executive Association Ltd (FEAL) to further professional development amongst their executive.

These scholarships offer executives an opportunity to study at the world’s leading executive institutes, such as the London School of Economics and the Melbourne Business School, not only to further their own development but bring it back to the funds and ultimately the members, Joanna Davison, chief executive of FEAL, said.

David Morris, executive manager of finance and investment operations at HESTA, has been awarded a $20,000 scholarship, sponsored by Aberdeen Asset Management, to the London School of Economics summer school program which is “intended to provide an experienced investment professional with the opportunity to develop skills in a general management (non-investment) discipline”.

Lee Scales, executive manager of member & people services at UniSuper, has been awarded a $10,000 scholarship, sponsored by Franklin Templeton, to the Australian Institute of Company Directors course, the “most established program of its kind in the world” set-up in 1975 to help found directors knowledge and governance standards.

Two $6,250 scholarships for the Melbourne Business School FEAL Masters in Organisational Leadership, Applied Finance module, were awarded to Stuart Hill, head of investment operations, at Local Government Super and Brnic Van Wyck, senior manager of asset/liability management at QSuper. The scholarships were sponsored by AMP Capital and Perpetual Investments.