Robin Bowerman, the head of corporate affairs at Vanguard Investments, has become the new chair of the SMSF Association, replacing Deborah Ralston, who is relinquishing most of her directorships following her appointment to the Government’s Retirement Income Review panel.
Bowerman, a former Fairfax journalist, has been vice chair of the association for the past three years and a board member since 2011. Andrew Hamilton, a former chair of the association, has been appointed vice chair.
Bowerman says: “I am very honoured that my fellow directors have asked me to succeed Deborah as chair. Although we are all greatly disappointed at losing Deborah before the end of her term, we totally appreciate why she has chosen to resign and wish her all the best in this new important role.
“She has provided the association with sound leadership at a difficult time for the industry, and I know I speak for all members when I say her contribution has been greatly valued.”
Ralston says: “Unfortunately, I find myself in a position where I feel I must tender my resignation as chair and a director… It has been a privilege to work with my fellow directors, the executive, and the members, all of whom are dedicated to ensuring Australians enjoy a secure retirement.”