Administration directors

Richard 'Dick' Morath – Chairperson

Dick has more than 35 years' experience in funds management and banking.

Dick currently holds several board positions with organisations that operate under the National Australia Group of companies. He is Chairman of the Distribution Board and Financial Planning companies in National Wealth Management in Australia, and of the Compliance Committee for all National Wealth Management dealerships and National Australia Financial Planning.

Dick is Chairman of Medfin, a wholly owned subsidiary of MLC that provides financial services to the medical and dental market, Chair of National Australia Trustees and Director of BNZ Life. Dick is also a Director of MLC Nominees, which is the Trustee of MLC's superannuation business.

During his career in financial services, Dick has held senior and leadership roles with the Commercial Banking Company of Sydney and State Bank of NSW. He has also worked as Managing Director of Australian Bank in the 1980s, CEO of MLC Retail Funds and CEO of MLC's corporate funds business in the 1990s.

Prior to retiring in December 2001, Dick worked with Lend Lease Corporation as Group Executive and was responsible for relations with media, analysts, shareholders and government.

Dick has a Bachelor of Arts Degree, is a fellow of the Institute of Actuaries in London and Australia and is an associate of the Securities Institute of Australia.

Mike Fitzsimons – Director

Mike has nearly 40 years' experience in financial services with a focus on superannuation.

Originally from an accounting background, Mike has held senior management positions in consulting, sales, investments and administration at Capita Group (acquired by MLC in 1990), Lend Lease Investment Services and MLC.

Mike was one of Plum Financial Services' first employees. He joined in 1998 from Lend Lease Investment Services to manage Plum's sales, marketing and client relationship management teams. In 2003 Mike moved to a Business and Market Development role with the National Australia Group and was then appointed Managing Director of Plum Financial Services in 2004.

Mike holds a Diploma of Financial Services and is a Certified Insurance Professional of the Australia and New Zealand Institute of Insurance and Finance.

John Salamito – Director

John has more than 20 years' experience in financial services.

John was appointed Chief Operating Officer, Products & Services, for MLC in 2005 and is responsible for MLC’s insurance, investment and superannuation businesses. He is also a Trustee Director of MLC Nominees.

Prior to being appointed COO, John was General Manager, Products & Marketing, and was CEO of MLC Lifetime until it was amalgamated with MLC Limited in October 2006. John has worked in North America in the Pensions and Investment Management areas.

John has a Bachelor of Engineering degree and is a Fellow of the Institute of Actuaries.

Jeremy Duffield – Non-executive Director

Jeremy is the Managing Director and founder of Vanguard Investments Australia Ltd, which he established in Melbourne in 1996, and serves as Vanguard's Asia Pacific headquarters. Jeremy joined The Vanguard Group in the United States in 1980 as Assistant to the Chief Executive Officer and was Senior Vice President of Planning and Development until moving back to Australia in 1996.

Jeremy is a Director on the Vanguard Investments Japan Ltd Board and Vanguard Investments Singapore Pty Ltd Board and Deputy Chairman of the Board of the Investment and Financial Services Association (IFSA).

Jeremy is also a member of the Australian Government's Financial Sector Advisory Council (FSAC) and sits on the Financial Literacy Foundation Advisory Board and ASIC's Business Consultative Panel.

Jeremy holds a Bachelor of Arts degree and he has completed the Program for Management Development at Harvard Business School.

 Introducing Plum

 Media centre