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ASFA appoints chief executive

Replacement announced for Philippa Smith

Charlie Corbett
By Charlie Corbett
Mon 06 Aug 2007

Industry body the Association of Super Funds of Australia (ASFA) has appointed Pauline Vamos as its new chief executive.


Industry body the Association of Superannuation Funds of Australia (ASFA) has appointed Pauline Vamos as its new chief executive.

Vamos, who will start in late September, replaces Philippa Smith who left ASFA in late July.

She has over 20 years' experience in financial services, but made her mark as ASIC director of licensing and business operations.

Vamos oversaw the issue of thousands of Australian financial services licences to financial institutions after 2004's financial regulation reforms were passed.

She left ASIC soon after and has followed a career as a consultant to the financial services industry ever since.

"Pauline is one of the most influential and highly regarded people in financial services today. Her extensive experience at a senior level within both industry and ASIC will provide a unique insight into critical policy matters," ASFA chairman Rosemary Vilgan said.

Vamos was on the board of Australian Ethical Investments and its subsidiary, Australian Ethical Superannuation, but told them of her intention to resign as a result of her appointment to ASFA.

ASFA director of policy and best practice Brad Pragnell will act as ASFA's chief executive until Vamos takes up her appointment.

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