The Financial Services Council (FSC) has announced the departure of director of policy Andrew Bragg, who will leave the council at the end of November.
Mr Bragg joined the FSC policy team in 2009, and in 2014 was appointed as the team’s director, the council said.
“On behalf of the FSC team and our members, I want to thank Andrew very sincerely for his excellent service to the FSC and its members over a long period,” said FSC chief executive Sally Loane.
“He is passionate about good public policy and has helped deliver many positive outcomes for the financial services industry through advocacy and fact-based research, including the FSC’s Standard 20, which has delivered stronger governance to superannuation funds by mandating a majority of independent trustees for FSC member funds.”
Ms Loane also commented that Mr Bragg’s contributions to the council had been ‘instrumental’ in initiating the Trowbridge review of the life insurance industry.
Mr Bragg has been appointed as the new director of policy and research at Menzies Research Centre (MRC), where he will “add considerable impetus and breadth” to policy development work, according to MRC executive director Nick Cater.
“Andrew will bring a sharp focus on tax, industrial relations laws and streamlining the Federation. We must continually argue for policies that increase competition and reduce regulation,” he said.
The FSC said the search for Mr Bragg’s replacement would be announced in the near future.
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