Industry Super Australia chief executive resigns

The chief executive of Industry Super Australia is resigning after 12 years to take on a new role at a global fund manager.

David Whiteley is expected to take up a new global position at IFM Investors in September. Before ISA, he was a director at HESTA and STA as well as a member of the audit, compliance and risk management committee at AustralianSuper.

Commenting on Whiteley's departure, ISA chair Peter Collins said: "Under David's stewardship, ISA has developed into what is indisputably the best policy, lobbying and campaign organisation in our industry, perhaps the best in any industry."

"His leadership and unrelenting focus on good public policy has made life better for millions of Australians," Collins said.

"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."

Whiteley's new role at IFM will be global head, external relations, and he will be responsible for leading IFM's international policy agenda.

As a member of the executive team, he will report directly to IFM chief executive Brett Himbury, who said: "We are delighted to attract an executive of 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."

"Whiteley's track record of championing strong public policy outcomes for Australia's industry fund investors will contribute to IFM Investors' capacity to act as responsible long-term stewards, investing in economic and intellectual capital," Himbury added.

"This will allow the firm to build and deliver scale to meet the global needs of our institutional investor base, but also serve to expand IFM Investors' global presence and ultimately the people and communities we seek to serve."

Read more: ISAAustraliansIFM InvestorsIndustry Super AustraliaAbbott GovernmentAustralianSuperBrett HimburyDavid WhiteleyFuture of Financial AdvicePeter Collins
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