ASFA appoints new CEO

The Association of Superannuation Funds of Australia (ASFA) has announced the appointment of Dr Martin Fahy to the role of chief executive officer, effective 1 November.

He succeeds Pauline Vamos who stepped down as CEO in July after nine years in the role.

Fahy was previously a partner in management consultancy at KPMG. In this role he worked with investment banks, wealth management organisations and superannuation funds, as well as service providers to the superannuation industry. Before this he was the CEO at FINSIA and has also led strategy and development for CIMA in Asia Pac.

Commenting on Fahy's appointment, ASFA chair Michael Easson said: "Martin has a deep understanding of the issues and challenges facing the superannuation industry and will bring the considered, evidence based policy insights that can help shape the long term success of superannuation in Australia."

"Martin will lead ASFA into its next period of growth, expanding its role in supporting robust policy debate, and raising capability across the sector."

Fahy says he is "energised and excited" to commence his role and deliver "better outcomes for superannuation members."