Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos has decided that the time is right to step down after eight and a half years in the role.
The ASFA board will shortly commence recruitment for her replacement and have asked Vamos to stay until at least 30 June 2016, to ensure an orderly transition.
"With passion, drive and energy second to none, Pauline's enormous contribution to public policy debate during her time at ASFA has been outstanding. Drawing on her experience across various areas of financial services, Pauline has been a key advocate for broadening the superannuation discussion to include insurance, investment governance and advice and has been a strong proponent of industry self-regulation," ASFA chair Dr Michael Easson said on behalf of the board.
"The development of good public policy is one thing, but the ability to successfully advocate for the right retirement outcomes for Australians is quite another. The board expresses deep thanks to Pauline for her tireless efforts in this regard over the past eight years."
Vamos said: "I am very proud of the significant contribution I have made not only to ASFA as an organisation but also to ASFA members and to superannuation policy generally.
"I am choosing to leave at a time when the leadership and management team are strong and highly skilled. Our people are ASFA's greatest asset and for a small team, we are able to punch well above our weight. It is this that has allowed us to enjoy the success we have achieved in recent years-particularly in influencing policy, lifting industry standards through our learning programs, delivering our renowned world-class annual Conference and engaging with other pension systems globally.
"Whilst this has been a hard decision, it has been made easier knowing that ASFA is in such good shape. I thank the board for their support and look forward to watching the organisation continue to grow in influence and success," Vamos finished.