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Showing 2961 - 2970 of 7871 results for "Board"

Suncorp chief executive steps down

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... chief executive and managing director Michael Cameron will leave the company after four years in the role and seven as a board member. Suncorp chair Christine McLoughlin said now is the right time for change and indicated this will provide an opportunity ...

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...

Industry fund appoints inaugural CIO

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... customer insight and product Sea Marteene. "The decision to appoint a Chief Investment Officer follows the Energy Super board and investment committee's consideration of the appropriate structure within our investment team to ensure we remained competitive ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... and Monetary Policy' - delivered to the Economic Society of Australia on May 21 concluded with a reference to the May board meeting and the RBA's thinking going into June deliberations. "At that meeting, we discussed a scenario in which there ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
It's still a month away, but when the policy board of the Bank of Japan (BOJ) meets to assess the state of the economy and its monetary policy response on 19-20 June, it could claim the economy is progressing as printed at its meeting in April. ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... its 2019/2020 Budget, the Treasury assumed the "iron ore spot price falling over the year to reach US$55 per tonne free-on-board (FOB) by the end of the March quarter 2020". Iron ore prices have rallied by 39.2% to US$96.34/MT this year to date and London ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... that will result in job cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure its wealth functions. Rainmaker analysis of ASIC's ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... of Australia (RBA) will cut interest rates to a new record low of 1.25% from the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' (ABS) publication of 'Catalogue ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... to drive change. As shareholders and investors we will use our collective leverage to raise concerns with the companies' board and management on these issues." The investor initiative now has 55 funds participating including the original group of NZ ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... 1.6% - heading farther away from the RBA's inflation target. Then again, and as the RBA statement indicated at its May board meeting, the Australian central bank's bias is tilted towards the relatively low unemployment rate than below-target ...