Australian Retirement Trust (ART) has announced several changes to its executive team, which the fund said will better position it to deliver on its objectives.
Notably, chief of retirement has become a newly created role within the fund, which will focus on executing ART’s retirement strategy and guiding the provision of all elements of ART’s retirement offering, including product, investments, service model, and advice.
As the fund approaches its one-year anniversary as ART, chief executive officer Bernard Reilly said the time was right to consider its executive structure to ensure it is “best placed to manage our expected growth and deliver on our commitment to our 2.2 million members”.
“We believe our operating model will ensure we are providing market leading support for our members up to and through retirement. This is an important step as we strive to empower our members to retire well with confidence,” he said.
“Our vision is to be Australia’s most chosen and trusted retirement partner, and we believe this structure will align our business to deliver on this and set us up for continued success into the future.”
The fund has confirmed that chief strategy officer Teifi Whatley is set to retire at the end of March after having spent over 20 years at Sunsuper — prior to its merger with QSuper to form ART last February — in roles across brand, marketing, technology, and strategy.
Chief member officer Karin Muller will also be departing from the fund at the end of next month, having decided to pursue external opportunities. Prior to her current role, Ms Muller was chief operating officer at QSuper.
“Teifi and Karin played a significant role in delivering our merger and our first year as ART. Their hard work, commitment and unwavering dedication to our members will leave a lasting legacy,” Mr Reilly concluded.