Former ASFA chief joins Decimal Board



May 18, 2017

  • Distinguished industry ambassador brings established network within the superannuation sector
  • Offers significant governance, compliance and regulatory risk expertise to Board
  • Held high-profile role as CEO of peak advocacy body of the superannuation industry ASFA (2007-2016)

Decimal Software Limited (ASX: DSX; “Decimal” or “the Company”) is pleased to announce that distinguished financial services expert and former CEO of the Association of Superannuation Funds of Australia (ASFA) Pauline Vamos has been appointed as a Non-Executive Director to the Company’s Board. Decimal Chairman Mark Potts said securing someone of Ms Vamos’ stature will bring a significant value to the Company and our customers.

“Ms Vamos is highly regarded globally for her integrity as an executive leader and ambassador in financial services, complemented by her extensive superannuation knowledge and expertise,” Mr Potts said.

“The appointment comes at a time when Decimal is making significant inroads in the superannuation sector by enabling providers of all sizes with the capability to engage their members more meaningfully through digital advise.” Ms Vamos was CEO of ASFA for nine years, from 2007 until 2016, and previously was director, financial services regulation – licensing and business operations with ASIC. Commencing the role immediately, Ms Vamos said the opportunity to join Decimal and help influence how the sector transitioned to better technology-based member engagement was too compelling to pass up.

“As CEO of ASFA I spent a lot of time leading the conversation with funds and providers on the need to innovate their engagement models,” Ms Vamos said.

“As we know, no fund has yet fully nailed member engagement. I believe that digital advice and scalable technology makes it more accessible, objective, cost effective and convenient. What’s also particularly exciting is its appeal for women, who for various reasons had limited access to the ability to guide their own financial decisions.

“Ultimately everything Decimal offers the market is geared to improving member engagement. And that’s a key message that needs to be reinforced. This is technology that partners with funds to deliver the best possible outcome to members,” Ms Vamos said.

SOURCE: Decimal Software Limited

Cut & Paste conveys information received directly from the organisations concerned. Statements and releases published here have been selected for their relevance to the financial planning profession. They are generally unedited, and the views expressed do not necessarily reflect those of Professional Planner.

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