UniSuper has signalled its boss will be stepping down after eight years of leading the fund.
Chief executive Kevin O'Sullivan will be resigning later in the year, with the fund now appointing global executive search firm Egon Zehnder to find a successor.
Mr O'Sullivan will remain with UniSuper until his replacement commences.
UniSuper chair Ian Martin commented: “Kevin is highly respected by UniSuper’s employees, members and university employers as well as by so many people in the superannuation sector.
“He has consistently ‘walked the talk’ when it comes to putting members’ interests first.”
Mr O'Sullivan added: “It’s been a real honour to lead this wonderful organisation and I’m very proud of the many successes achieved over that period, none more so than the way UniSuper navigated the COVID-19 environment in 2020.
“However, after almost 40 years in the workforce and a very intense last eight years, I’m looking forward to stepping back and adding more flexibility to my life, including spending more time with my wife.”
Mr O'Sullivan joined UniSuper in 2013, having previously been a director of actuarial and benefits consulting at Russell Investment Group.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
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