Executive Managers

Industry Fund Services Limited (IFS) is the parent company of, and service provider to, wholly owned subsidiaries Super Members Investments Limited (SMI) and Industry Funds Investments Limited (IFI). IFS Executive Managers also act as Executive Officers of SMI and IFI.

David Vernon

Executive General Manager - Products

David was the Executive General Manager of IFS Products until 19 August 2016.

David was responsible for the development and management of investment and superannuation products for IFS, which include the Industry Fund Portfolio Service, AUSfund and the IRIS Superannuation Fund.

He has worked in financial services for over 40 years and has extensive Australian and international financial services experience. He has held senior executive management positions in both public and private sector superannuation, including several years advising industry super fund trustee boards during their establishment in the late 1980s and early 1990s.

Internationally, as Head of International Business Development for a major financial services group, he led the development and establishment of a pensions business in Hong Kong, consulted to the Government of the People’s Republic of China (PRC) on reforming their pension system, and was successful in gaining Chinese Government approval to establish a JV funds management business in the PRC. David has also led and managed pensions and related financial services projects in Indonesia and Thailand.

He joined IFS in 2006 and was appointed to the role of Executive General Manager - Products in January 2012.

IFS Group Executive Appointments