IMCA australia, soon to be known as the CIMA Society of Australia, has completed its leadership renewal with the appointment of Pauline Vamos as chair and two new directors.

 At its annual general meeting on November 22, 2017, the investment management consultants association of Australia (IMCA australia) announced its board had voted unanimously to appoint Vamos as chair.

She replaces outgoing chair Brett Elvish, who said the board was delighted to attract “an extremely talented individual with a high industry profile”.

“Pauline brings strong legal, governance and stakeholder engagement skills that will be important in helping our members maintain best possible investment practices,” Elvish said.

In her other current roles, Vamos is the chief executive of governance research and engagement firm Regnan, a director of Mercer Australia, and a director of the Banking and Finance Oath. She is well-known in the industry from her previous role as chief executive of the Association of Superannuation Funds of Australia.

Existing director Marsha Beck, who is the global head of account management and consultants at AMP Capital, was appointed to the role of deputy chair, replacing Mercer Australia chief investment officer Kylie Willment.

Christian Super chief investment officer Tim Macready and Innate Financial Services Group chief investment officer Mirko Cugura were also announced as new appointments to the IMCA australia board.

The series of appointments round out a renewal of the organisation’s leadership.

In September, IMCA australia unveiled plans to relaunch in 2018 as the CIMA Society of Australia, reflecting the professional association’s focus on the Certified Investment Management Analyst (CIMA) certification.

In October, the association announced the appointment of Robert Goodlad, a former head of State Street Global Advisors’ Australian arm, as its new chief executive, replacing former general manager and company secretary Mark Thomas, who departed in June.

“The new board and management structure will ensure stability, strength, and leadership, and progress the charter of the association,” outgoing chair Elvish said.

Recently, IMCA australia has undertaken a strategic review, resulting in a renewed agreement with IMCA International, an education partnership with Portfolio Construction Forum, and an outsourcing arrangement with The Association Specialists.

The CIMA certification is delivered in partnership with Portfolio Construction Forum in Australia. The certification takes, on average, nine to 12 months to complete, including the highly regarded residential component. There are six core topics covered: governance; investment fundamentals; performance and risk; investment asset classes; portfolio theory and behavioural finance; and manager search and selection.

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