Australian Institute of Superannuation Trustees
Friday, 15 February 2013
The President of the Australian Institute of Superannuation Trustees (AIST), Cate Wood, has today announced the appointment of Tom Garcia as Chief Executive Officer.
15 February 2013
AIST announces new CEO appointment
The President of the Australian Institute of Superannuation
Trustees (AIST), Cate Wood, has today announced the appointment
ofTom Garcia as Chief Executive Officer.
Ms Wood said the AIST board was delighted to appoint Mr Garcia -
who has been AIST's executive manager, policy and research, for the
past two years - as its new CEO.
"Tom has played a pivotal role in driving AIST's advocacy on the
superannuation reforms, governance, adequacy and the many other
issues affecting members of not-for-profit super funds," said Ms
Wood. "He has a deep understanding of the superannuation landscape
and the board is confident he will build on the success of AIST as
a vocal and influential peak body for Australia's $500 billion
During his time at AIST, Mr Garcia has been a strong presence at
Government roundtables, on Stronger Super Committees and appeared
as a witness before various Parliamentary committees.
In addition to his experience in superannuation policy and
research, Mr Garcia has a background in financial planning,
marketing and engineering. Prior to joining AIST, he was a senior
manager at Industry Fund Financial Planning for four years and an
engineering manager at Michelin Australia.
Mr Garcia said he looked forward to his new leadership role
within AIST and working closely with staff, member funds as well as
the many other industry stakeholders to ensure that superannuation
policy outcomes were always in the best interests of members and
the perspective of the not-for-profit sector was part of the
"As we've seen in the past few weeks, Australians are
increasingly concerned about the future of their retirement savings
and how policy changes affect them. In addition to implementing the
Stronger Super reforms this year, the industry must focus on
working together with government, regulators and other stakeholders
to ensure that the policy settings of our retirement system are
both sustainable and equitable over the long term".
Mr Garcia will be meeting with all AIST member funds in the near
future to discuss their requirements and interactions with AIST's
key member services including advocacy, research, trustee and staff
Mr Garcia replaces Fiona Reynolds who left AIST in January to
accept the role of Managing Director of the London-based United
Nations Principles of Responsible Investing (UNPRI). Mr Garcia's
appointment is effective immediately.
Further media enquiries:
AIST Media Manager Janet de Silva: 0448 000 499
AIST is the peak industry body for
the $500 billion not-for-profit super sector which includes
industry, corporate and public sector funds covering the super
interests of nearly two-thirds of the Australian workforce.