- Industry stalwarts Jocelyn Furlan and Ben Walsh join trustee board
Sydney, 3 July, 2024 – Total Risk Management Pty Limited (TRM), trustee of the Russell Investments Master Trust, announced today the appointments of Jocelyn Furlan and Ben Walsh to serve as independent directors, effective 1 July.
Ms Furlan is a superannuation industry consultant specialising in consumer affairs. She is currently a director of Financial Counselling Australia, Perpetual Superannuation and the Mother’s Day Classic Foundation. She has also held a directorship at Aware Super and was previously Executive Chair and CEO of the Superannuation Complaints Tribunal.
Mr Walsh was previously the Chief Life and Health Insurance Officer and Chief Investment Officer at AIA Australia, and before that was the Managing Director and Chief Executive Officer at Mercer Australia and New Zealand. He is currently an independent director of Gen Re Australia and Gen Re Life Australia along with holding various board positions across the education and non-profit sectors. He has also held directorships at the Financial Services Council and Pillar Administration.
“These two appointments reaffirm Russell Investments Master Trust super members continue to benefit from the expertise of directors with an enormous amount of experience across superannuation, investments and member services,” said TRM Chair Patricia Montague.
“Jocelyn deeply understands the inner workings of super funds and the fiduciary duty to members. Ben brings investment, distribution and product expertise that will further support the continued development of personalised superannuation solutions for Australians.
“As trustee, we aim to improve members’ financial security by helping ensure their superannuation savings give them the very best chance at a great life after work.”
Through the Russell Investments Master Trust, TRM oversees iQ Super – for Life and iQ Retirement products, as well as Nationwide Super, Resource Super and Salaam Superannuation. The Russell Investments Master Trust currently has approximately AUD$11.2 billion in assets and around 85,000 members.
The two new appointees join board members Patricia Montague (chairperson), Alexis Dodwell, Keith Knapman and Peter Gunning.
Jocelyn Furlan is not related to Tim Furlan, Head of Australia and New Zealand at Russell Investments.
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Darren Snyder
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About Russell Investments
Russell Investments is a leading global investment solutions firm with A$464 billion in assets under management (as of March 31, 2024) for clients in 30 countries. The firm provides a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve people’s financial security. Headquartered in Seattle, Russell Investments operates globally with 16 offices, providing investment services in the world’s major financial centers, including London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, New York, Milan and Dubai. For more information, please visit www.russellinvestments.com.au.