Mr Cooper was unanimously elected to the position by the FSC board and will officially take on the role during this week’s annual FSC conference when Mr Maher formally retires from the role, the FSC said.
“Greg has made a significant contribution to the FSC since he became a director in 2008,” Mr Maher said in a statement.
“He has been deputy chairman of the FSC since 2011, deputy chairman of the FSC's Administration & Risk Board Committee; deputy chairman of the FSC's Nominations Board Committee; and co-chairman of the FSC's Investment Board Committee,” he added.
Mr Cooper is a trained actuary who began his investment career in 1992, the FSC said. He has worked in Hong Kong, Singapore and the UK. He is a Fellow of the Institute of Actuaries of Australia and is Ambassador for the Australian Indigenous Education Foundation.
Mr Cooper thanked Peter Maher for his substantial contribution to the FSC and to Australia’s financial services industry.
“Peter’s guidance and support of the Financial Services Council has been critical during this time of the most substantial regulatory change in the history of the financial services industry in Australia,” Mr Cooper said.
Mr Maher was elected to the FSC board in 2004 and became chairman in 2010. He also served as chairman of the FSC's Administration & Risk Board Committee and chairman of the FSC's Nominations Board Committee.
