Maureen Daley
Lisa Rayner
David Saunders
Mandy Cunningham
Natalie Lister
David Gammage
Adrian Gervasoni
David Issa

Maureen Daley

Chief Operations and Product Officer

As the Chief Operations and Product Officer, Maureen is responsible for the operations of the Advice Solutions and Unpaid Super teams, as well as overseeing the service delivery and product components of these business units, ensuring our services meet the needs of our clients.

Maureen was recently appointed to this position, after serving as General Manager of Operations for the IFS Advice Solutions team. With significant experience in the superannuation and financial services sector, Maureen has held numerous leadership roles across various functions including operations, governance, planning and consulting at organisations including KPMG, TWUSUPER, Kinetic Super, The Trust Company and Perpetual Limited.

Maureen holds a Diploma of Superannuation Management from Macquarie University, a Bachelor of Business from the University of Technology Sydney, and a Graduate Diploma in Organisational Leadership from Melbourne Business School.

Lisa Rayner

Chief Risk Officer & General Counsel

Lisa Rayner is the Chief Risk Officer & General Counsel and is responsible for ensuring that the IFS group meets all legislative and regulatory requirements while operating prudently. She also manages the group risk management framework and maintains our relationships with key regulators, including ASIC, APRA, AUSTRAC and the ATO.

Lisa brings over 24 years of experience in the financial services industry across a range of legal, risk and compliance roles focusing on superannuation, advice, and banking. Her prior engagements include ASIC, AXA/AMP, IFS, IFM Investors, National Australia Bank and First Super.

Lisa re-joined IFS in July 2023. She previously held the same role from December 2014 to September 2018. In February 2024, she was appointed Company Secretary for Industry Fund Services Limited, Industry Funds Investments Limited, Super Members Investments Pty Ltd and Industry Super Australia.

Lisa holds a Bachelor of Laws and Bachelor of Jurisprudence from Monash University and is admitted to practice.

IFS Group Executive Appointments

  • Industry Fund Services Limited
  • Industry Funds Investments Limited
  • Super Members Investments Pty Ltd.

David Saunders

Head of Technology

David is the Head of Technology. He is responsible for overseeing Information & Communications Technology (ICT) at IFS.

David has worked in the financial services industry for over 20 years, including three years in Chartered Accounting firms and three years in the United Kingdom.

David holds a Bachelor of Commerce from the University of Tasmania and has been a member of the Institute of Chartered Accountants in Australia & New Zealand since 2002.

David has worked at IFS since 2014.

Mandy Cunningham

Head of People & Culture

As Head of People & Culture, Mandy and her team work closely with the CEO and Executive Managers to develop and implement a range of people strategies and initiatives aligned with the business plan.

Mandy is an experienced People and Culture leader with over twenty years’ experience in Human Resources and Organisational Development. Mandy’s career includes leadership roles across a number of industries such as aviation, travel and tourism, property, education and financial services. Prior to joining IFS in 2014, Mandy worked with Superpartners (now part of the Link Group) for 8 years, leading a team of Learning and Organisational Development professionals.

Mandy’s qualifications and accreditation include Post Graduate Certificate in Business, Diploma in Business and Human Resources, Diploma in Training and Assessment.

Natalie Lister

Financial Controller (Product and Tax)

Natalie is the Financial Controller (Product and Tax) at IFS. She is responsible for developing and delivering the strategic financial objectives of the Advice Solutions division.

Natalie is also the Responsible Manager for Industry Funds Investments (IFI) and leads the corporate tax matters across the IFS Group, AFSL Compliance and statutory reporting.

Natalie started her career as a Chartered Accountant and moved to the Financial Services Industry over 20 years ago. She is extremely passionate about the Industry Super philosophy of all profits to members and wants to see more members receive high quality, low-cost financial advice.

Natalie holds a Bachelor of Business (Accountancy), Graduate Diploma in Chartered Accounting, Master of Applied Finance and is a member of Chartered Accounts Australia & New Zealand.

David Gammage

Financial Controller (Corporate)

David is the Financial Controller (Corporate) at IFS. He is responsible for the production of financial reporting for IFS and its affiliate companies for both internal and external use. He is the Responsible Manager for IFS Insurance Solutions (IFSIS) and is responsible for developing and delivering the strategic financial objectives of the Unpaid Super division.

David has over 20 years’ experience in a variety of finance and accounting roles both in Australia and UK including the construction and airlines industries before moving to the profit-to-member super fund sector. He has been with IFS for 17 years.

David holds a BA (hons) Business Studies and is a member of the Chartered Institute of Management Accountants and CPA Australia.

Adrian Gervasoni

Chief Commercial & Partnerships Officer

As the Chief Commercial & Partnerships Officer, Adrian is responsible for managing and growing IFS’ financial advice and unpaid super business units encompassing licensee services, thought leadership and financial advice strategy. With the help of our committed staff, Adrian is responsible for helping our valued client funds expand their advice and unpaid super offers and reach.

Adrian has been working within the financial planning industry for 15 years for organisations in both the retail and profit for member sector and has held a broad range of superannuation leadership roles spanning organisational strategy, project management, financial advice and mergers/acquisitions.

He is passionate about the role financial advice can play in helping superannuation members achieve a better retirement outcome, sharing the goal of making advice affordable to everyday Australians.

Adrian holds a Masters in Organisational Leadership, an Advanced Diploma of Financial Services (Financial Planning) and is a Certified Financial Planner.

IFS Group Executive Appointments

  • Industry Fund Services Limited

David Issa

Chief Executive Officer

David was appointed as the Chief Executive Officer on 28 October 2024 and has over 30 years of experience in the digital, technology, banking and insurance industries.

His prior roles have included CEO of online consumer network One Big Switch & FiftyUp Club, CEO Personal Insurance and Chief Information Officer at Insurance Australia Group (IAG), and various roles with Westpac Banking Corporation including CIO Institutional Banking Group, Program Director Westpac Investing and CEO of the bank’s wholly owned software incubator, Qvalent.

David has a Bachelor of Science, majoring in Applied Mathematics.

David has been an IFS Board Member since October 2015. He is also a director at IFS Insurance Solutions Pty Ltd. In December 2022, he was appointment as a member of the IFS Group Remuneration Committee. He was also appointed Director of Catholic Church Insurance in 2022. David was appointed Director of Little Company of Mary Health Care in November 2023.

IFS Group Directorships

  • Industry Fund Services Limited
  • Super Members Investments Limited
  • Industry Funds Investments Limited
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