Insignia makes new risk, governance hires

Insignia Financial has made moves to boost its risk and governance resources with several internal appointments and a new senior hire.

Anvij Saxena was named Chief Risk Officer (CRO) in March, current Chief Distribution Officer Mark Oliver has taken on further responsibilities as Head of Superannuation, and Anne Coyne has been appointed Chief Member Officer (CMO).

Saxena brings two decades of financial services industry experience, having most recently been Commonwealth Bank’s General Manager for Operational Risk and CRO of its business support functions. He will lead the Enterprise Risk and Compliance (ERC) team at Insignia Financial, focusing on developing and boosting the firm’s risk management and compliance framework.

A member of the Executive Leadership Team at Insignia Financial, Oliver has over 30 years of experience in the Australian and UK financial services sectors and is the key point of contact for the firm’s superannuation trustees for services and government engagement.

Coyne commenced her new role in January, working on behalf of the trustees and ensuring high quality member outcomes as well as alignment with Insignia’s governance frameworks.

“We are pleased to welcome an executive of Anvij’s calibre to our leadership team. His valued expertise and deep industry knowledge will help further enhance our risk and compliance culture, as we continue to strengthen how we sustainably deliver what matters to our clients and members,” Renato Mota, Insignia Financial chief executive, said.

“With Mark’s additional responsibilities we now have greater clarity and connection with the trustees, and in addition, Anne’s wealth of experience and expertise provides a strong voice from the trustees into the organisation, focusing on the delivery of quality outcomes for members.

“At Insignia Financial, we are committed to good corporate governance practices. We are focused on continued investment into our three lines of defence as we uphold our risk management frameworks for the benefit of our stakeholders. We remain dedicated to the continued delivery of improved client and member outcomes and the ability to operate in the best financial interests of beneficiaries.”