Robert Brown has departed the Australian Custodial Services Association (ACSA) after serving as CEO since 2017.
The association explains that Brown is leaving to pursue private business interests and plans to retain a connection with ACSA and the industry.
Brown says he is proud of his contribution and believes that ACSA is in a strong position to continue its role as the voice of the custody and investment administration sector.
ACSA chair Sally Surgeon is overseeing a transition process that is planned for completion by September to allow a handover from Brown to the successful candidate.
“On behalf of the ACSA Board and our members I want to thank Robert Brown for his advocacy, leadership and contribution to the Association over the past four years,” says Surgeon.
Surgeon states: “Brown has led the organisation through a major transformation of operating model, put in place key management disciplines and fostered a high standard for engagement within the member base and external stakeholders. We wish him all the best for his future endeavours.”
Commenting on his departure, Brown affirms: “ACSA does an amazing job through our voluntary working groups in promoting systemic efficiency improvement on behalf of members and their clients. While not grabbing the headlines, the association makes an important contribution to the machinery of the financial services sector, including superannuation and managed funds.”
ACSA members provide custody services that safeguard assets along with investment administration, accounting and taxation books of record. This data underpins accurate unit prices, financial reporting, performance and risk analysis for Australia’s largest institutions.
Go to the latest issue of Asset Servicing Times to learn about the current trends in Australia with comments from Surgeon and Brown.
