Geoff Rooney, a partner accountant BDO, has been appointed to the SMSF Association board to add risk management skills to the membership.
A chartered accountant and ASIC-approved SMSF auditor, Rooney will bring a range of skills to the Board, including auditing, risk management, treasury management, and financial advice for a variety of clients such as non-bank lenders, super funds, and fintechs.
A partner at BDO for more than three years, he was previously a director of financial services at EY Australia for Services for 13 years.
SMSF Association chair Andrew Hamilton said Rooney will be a valuable addition to the board with his accounting and auditing background as well as his involvement in risk management and governance reviews, including risk culture assessments.
"Our superannuation sector is constantly having to adjust to changes in government legislation and industry regulation, so to be able to have someone with Geoff's industry experiences right across the SMSF spectrum helps ensure our board is well-positioned to continue making the right strategic decisions for the benefit of our members," he said.
Rooney said it was a privilege to be asked to join a board that has played such an integral role over nearly two decades in the nurturing of the SMSF sector.
"In the years that I have been a member I have always been impressed by the Board's ability to take long-term strategic decisions in the interests of its members, and I am looking forward now to making my contribution to this deliberation process."