Commonwealth Bank has used the occasion of the retirement of Anna Lenahan, group general counsel and group executive group corporate affairs, as an opportunity to review its senior roles. The bank will split the role, so that it will have a group general counsel and governance and a new role, group executive marketing and corporate affairs. Priscilla Sims Brown has been appointed group executive marketing and corporate affairs. Sims Brown is currently the chief executive of Emerge.me, a US digital healthcare company. She served as chief marketing officer at AXA Financial in the US and had senior roles at Sun Life Financial, AmeriHealth Caritas and Lincoln National Corporation.
After nine years at the head of Australian Ethical Investment, chief executive Phil Vernon has announced his resignation. During his tenure, the company’s funds under management grew from $600 million to more than $3 billion. Vernon will leave at the end of August, when the company’s chair Steve Gibbs will step in as acting chief executive.
Alex Hutchison, the chief executive of EISS Super, has joined the board of platform company Xplore Wealth. It is his second term on the Xplore board. Hutchison is filling a vacancy left by Pamela McAlister, who is stepping down after only a year on the board. She was appointed as an Australian Financial Complaints Authority ombudsman last year and is leaving the Xplore board to devote herself to the AFCA role.
The SMSF Association has appointed Scott Hay-Bartlem to its board. Hay-Bartlem is a chartered tax adviser and member of the Society of Trust and Estate Practitioners. His appointment follows two other recent appointments to the SMSFA board: Tracey Scotchbrook, vice chair of the Western Australian Local Community; and Michael Houlihan, chair of the Victorian Local Community.
Georgina Lynch has been appointed as a non-executive director of Investec Property Ltd, the responsible entity of Investec Australia Property Fund. Lynch started her career as a solicitor at Freehills and Mallesons Stephen Jacques before holding senior roles at AMP Capital Investors, Galileo Funds Management and Stockland. She is the chair of Cbus Property and a non-executive director of Viva Energy REIT and Tassal Group.
Debbie Last has joined the board of fund administration and custody services company, Mainstream Group, as a non-executive director. She will chair the audit and risk committee. Last has held a number of senior roles, including chief financial officer at NAB Asset Management. She was a partner at PwC Sydney and KPMG London.
Adelaide McDonald has joined the board of investment manager VGI Partners as an independent non-executive director. McDonald was previously an associate director at KPMG. She has also worked at Wilson HTM and BDO Kendalls.