[5.7] Christopher Kelaher, Managing Director of Australia’s second largest wealth manager IOOF, is being questioned over breaches of regulations, customers being compensated with their own money, and concerns over IOOF’s governance and conflicts of interest.

Recorded on 10 August 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

Testimony held during the fifth round of public hearings focusing on the conduct of superannuation trustees in Australia at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Exhibits:
https://bit.ly/2nQFa8u

Transcript:
https://bit.ly/2PhBbi6

This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video.

Video Source: https://bit.ly/2XBSBKh
Copyright information: https://bit.ly/2K2JMl2
Creative Commons license information: https://bit.ly/1rMF155

Whilst permitted under its Creative Commons licence, the republication of this content on YouTube is not officially endorsed by the Royal Commission nor the Commonwealth of Australia.

© Commonwealth of Australia 2018.

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6 replies
  1. Tony Endez
    Tony Endez says:

    A worm indeed. He should be fired. How on earth do people like this end up managing major ASX listed companies such as IFL? Shareholders should be up in arms at the next AGM. I hope be there.

    Reply
  2. brady webb
    brady webb says:

    witness is hopelessly out of his depth and is being exposed. In my opinion there was a sales culture not equipped with the necessary expertise to manage these super funds. All good whilst the party lasts but eventually the chickens come home to roost

    Reply
  3. Zatetic
    Zatetic says:

    I wouldn't trust any company run by this guy with my grass clippings. Apparently, you don't have any kind of memory or know how your operations work and the legal requirements that restrict your operations. What a weasel.

    Reply

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