Renato Mota takes on new board position

Detailed summary

Renato Mota has joined the board of a $14 billion super fund along with another financial services stalwart.

Future Group has appointed former Insignia Financial chief executive Renato Mota and experienced financial services director Jane Watts to its board.

Mota brings more than 25 years' experience spanning wealth management, superannuation, advice and investment banking.

He was chief executive and managing director of Insignia Financial, formerly IOOF, from 2019 to 2024. During that time, he led the transformation of the business to grow to more than $300 billion in customer assets and over two million members.

Mota led the regulatory approval of more than $2.5 billion in acquisitions and oversaw significant governance and cultural reform. Earlier in his career, he led a $100 billion portfolio spanning platforms, advice and investment solutions.

"Future Group is in an exciting phase of growth and transformation, having just completed the internalisation of its trustee. I'm looking forward to working with the board to continue Future Group's growth in alignment with its purpose," Mota said.

Watts is an experienced board director, chair and committee member with more than 30 years' senior executive experience across banking, wealth management and financial services.

Her board experience spans ASX-listed, private and not-for-profit organisations. She brings contemporary board-level expertise in corporate governance, technology, AI, data strategy and digital transformation, complemented by her behavioural science background in remuneration, culture, leadership and performance.

She currently serves as a non-executive director of Liberty Financial Group, mental ill health organisation Orygen, the Westpac Foundation and the Orygen Youth Mental Health Foundation.

She is also on the board of B Team Australasia which includes the Climate Leaders Coalition, where she has overseen projects on low carbon liquid fuels, carbon pricing, credible transitions to net zero and demand-side energy solutions to reduce members' supply chain emissions.

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