In our customary fashion, Industry Moves is kicking off the year with an analysis of the activity in reported moves for 2017. In what has been a watershed moment for our reporting capabilities, we also now have five full years of comparative moves data, which we have summarised for you below.
While we realise that not all appointments are made public, and certainly not all departures, we are confident that the trends shown in the data below are a good indication of the bigger picture within the finance industry.
The growth in reported appointments is evident, and 2017 also saw a range of newly-created positions cropping up across the industry. The percentage of women appointed to executive positions continues to hover below 30%, but the trend of more women sitting on the boards of Australia's largest super funds continues to grow.
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1,408...........Reported Moves
822..............Appointments (28% female/ 72% male)
586..............Departures (22% female/78%male)
160..............Board Appointments (39% female/ 61% male)
76............... Board Departures (18% female/ 82% male)
July..............Month of most appointments
5,459...........Reported Moves
3,242...........Appointments (26% female/ 74% male)
2,237...........Departures (21% female/79%male)
507..............Board Appointments (36% female/ 64% male)
226..............Board Departures (23% female/ 77% male)
UCA Funds Management deserve a mention here, appointing three female board members since 2014. The appointment of Fiona Pearce in December 2017 brought their board to their target of a 50/50 gender diversity split. VicSuper, also deserve the some of the spotlight, with the $19b public offer fund awarding five of their eight board seats to women since 2015.
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