The Financial Services Council has invited AMP chief executive officer Alexis George and BT Financial Group head Matt Rady to sit on the board
George has more than 30 years' experience in the financial services industry in Australia and overseas.
She spent seven years at ANZ, including as deputy chief executive driving group-wide strategic initiatives in addition to having responsibility for its shared service centres and banking services.
Before ANZ, George spent ten years with ING Group in senior roles with responsibility for banking, insurance, funds management, product, marketing, technology and operations.
BT's Rady has over 30 years of experience in the financial services and wealth industries with executive roles in companies including Macquarie Group and global financial services technology company, IRESS.
Before landing at BT, he was chief executive of Allianz Retire+.
Since Rady's appointment at BT in 2021, he has led the group through a period of significant change.
He leads BT platforms - including Asgard and BT Panorama, and the margin lending business.
As well as supporting outcomes for customers and members he is an advocate for the value of financial advice in Australia.
FSC chair David Bryant said: "Alexis and Matt are senior industry leaders that bring to the board extensive financial services industry experience that will further strengthen the FSC's advocacy for the industry and its consumers on key policy and regulatory issues.
"Alexis and Matt share the FSC's commitment to a more competitive, efficient and consumer focused financial services sector that delivers high quality service, financial advice and wealth products for Australian consumers."
George said: "Joining the FSC Board is an opportunity to represent AMP's customers and to ensure our industry, regulators and government are working together to achieve the best possible financial outcomes for all Australians."
Rady added: "I am delighted to be joining the FSC Board and am looking forward to working with my fellow directors to support reforms that shape the future of financial services in Australia."