REI Super’s CEO will be resigning from his role later this year after leading the fund for 15 years.
Mal Smith chose not to pursue another contract renewal with REI, the company said, as he wished to explore new roles.
Mr Smith’s date of departure is flexible, with it being based on the timing of the fund appointing a replacement.
“Mal has been the driving force behind REI Super’s growth and stability for the last 15 years and has successfully steered the fund through countless changes and challenges in the superannuation industry and the broader economic environment,” Claire Higgins, chairperson of REI, said.
“The success and strength of the fund is testament to Mal’s skill and commitment.”
Mr Smith said the fund’s members have a real passion for the real estate industry.
“I’ve really loved this role and I’ve been energised and supported by the team around me and by our members and employers,” he said.
“I am immensely grateful to everyone involved with the fund, and it has been a difficult decision to relinquish the role, but I feel it’s time for me to embark on some new challenges.”
Super fund Rest has strengthened its strategic technology and digital innovation capabilities with its latest group executive appointment. ...
BlackRock has announced the appointment of Tony Tang as head of China to execute the firm’s strategy in the country. ...
UniSuper has made a number of changes to its leadership team, including three newly created roles, which the firm said has been part of a re...