Financial Services Council CEO, Sally Loane, has announced she will depart at the end of 2021 after seven years at the helm of the FSC.
In a release announcing her departure, Loane said she had been privileged to lead the FSC, which represents 111 member organisations across superannuation funds, funds management, life insurance, advice licensees and trustee companies:
“I am proud to have led a team which proactively develops policy reforms to assist our members; reforms which are beneficial for consumers of financial services, and which have helped restore trust in our sector,” said Loane.
She added that some of the more significant challenges in which she has been involved during her tenure have included “…initiating life insurance’s Trowbridge Review, developing the life Codes, and advocating for a sensible Compensation Scheme of Last Resort.”
In addition to highlighting these significant challenges, Loane also reflected that “If one learning stands out, it is how financial independence is a life-changing factor for women, and the role has given me the opportunity to communicate this message.”
FSC Chairman, David Bryant, said Loane had provided strong leadership for the FSC through a period of unprecedented change, driving its contribution to the development of positive policy and industry reform, for the benefit of all Australians.
