Bennelong Funds Management appoints Compliance Committee

13 February 2009

Bennelong Funds Management (Bennelong) has appointed respected industry professionals Steve Gibbs and Jenny Diggle to its Compliance Committee. The boutique fund manager has also announced it has become a signatory of the United Nation's Principles of Responsible Investment (UNPRI), formalising its credo that running a high-performing business can be achieved responsibly and ethically.

Bennelong's Chief Executive Officer, Jarrod Brown, said "Steve and Jenny's expertise, industry standing and professionalism will add substantial value to the group's compliance function, ensuring we continue to embed sound compliance processes into our asset management business.

"Our recruitment choices are indicative of our commitment to appropriately resource all aspects of our business. Our focus is not only on performing in today's economic climate, but equally on building a robust funds management business for the future," said Jarrod.

Steve Gibbs has a long history in the industry, including eight years as CEO of Australian Reward Investment Alliance (ARIA), during which time funds under administration more than doubled in size. His distinguished career includes a number of positions on ASX and ASFA committees and directorships with Boeing Australia and Aerospace Technologies of Australia. He was also the sole Australian representative personally invited by Kofi Annan, United Nations Secretary General, to join a select group of individuals in creating what have become the United Nations' Principles for Responsible Investing (PRI).

"Steve's experience in responsible investment will prove invaluable as we continue to build the UNPRI into Bennelong's practices," Jarrod said. "The principles also sit comfortably with the Bennelong Group's broader philanthropic agenda, which is about sharing the success of the business with the wider community in a positive and meaningful way."

Jenny Diggle has worked in a wide variety of roles across the financial services industry, including compliance roles for AMP Dealer Group Services, ANZ Financial Planning and IOOF Investment Management. She also spent several years working for ANZ in senior roles including Head of Advisory Risk. Previously, Jenny worked in research and program development and management roles at RMIT, including leading the development, accreditation and marketing of RMIT's Master of Financial Planning course.

The balance of the committee will be made up of one internal appointment being Jarrod Brown.


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