Not for release or distribution in the US
Cbus Chief Executive Officer David Atkin has been named the winner of the 2017 Fund Executive Association Limited (FEAL) Fund Executive of the Year award, continuing a legacy of recognising outstanding superannuation leadership.
Mr Atkin was recognised at a FEAL members' dinner held at the Park Hyatt in Melbourne last night, for his market contribution in areas such as environmental, social and governance (ESG); diversity; the indigenous community; and unpaid super as well as his steerage of Cbus.
AMP Capital Head of Institutional Business Tim Nation said: "David's outstanding leadership of Cbus and industry advocacy of best practice in sustainability and diversity exemplifies what the Fund Executive of the Year award sets out to highlight."
Mr Atkin has been CEO of Cbus, the default fund for the building and construction sector, since 2008. Cbus manages more than $40 billion on behalf of 770,000 members and more than 134,000 contributing employers.
Furthermore, Mr Atkin has been the Australian asset owner representative on the Principles of Responsible Investment Council since 2009; is a member of the CEO Panel for the Investor Group on Climate Change; and is an AICD Investors Working Group member for the 30 per cent club, which campaigns for 30 per cent of women on ASX 200 boards by the end of 2018.
According to FEAL Chief Executive Officer Joanna Davison, the calibre of nominees was extremely high again this year.
Ms Davison said: "David's ongoing commitment to creating value for members at Cbus whilst contributing to the development of the superannuation industry more broadly is impressive.
"Stand out examples of where David has had the most impact include his successful championing of innovation, sustainability, and the development of a new investment strategy to benefit members. He has also ensured that Cbus has been at the forefront of public policy debate which has resulted in Cbus being the recipient of numerous awards under David's leadership.
It's an honour to name David the 16th annual Fund Executive of the Year."
The annual Fund Executive of the Year award recognises a fund executive who has made an outstanding contribution to their employer and the superannuation industry, with nominees judged on criteria including innovation, leadership, exceeding expectations, demonstrated strategic planning and contribution to the market place.
According to Mr Nation: "AMP Capital has proudly partnered with FEAL to sponsor this award for 16 years. We value the relationship we have with FEAL and the role it plays to further the development of our industry's leaders in order to continue to provide better retirement outcomes for their members."
Mr Atkin has been awarded a $25,000 executive education grant courtesy of AMP Capital to be used at his discretion with the world's most renowned business schools.
About the awards
The recipient of the Fund Executive of the Year Award receives an education grant of $25,000 made possible with the generous support of AMP Capital. The education grant has enabled previous award recipients to attend executive education programs at world renowned business schools including Harvard, IMD, INSEAD, London Business School and Wharton. This important award recognises one fund executive who has made an outstanding contribution to their fund and the superannuation industry. Award nominees are judged on the following criteria:
- Exceeding expectations
- Demonstrated strategic planning
- Contribution to the market place