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Equip Super names new chair

By Jessica Penny
3 minute read

The super fund has welcomed an experienced director to its board following the departure of its chairman.

Equip Super has announced the appointment of Michael Cameron as the new chair of its board of directors, effective 1 November 2023.

Joining as an independent director, he will succeed Danny Casey, who has stepped down from the board after six years of service.

Mr Cameron brings experience in both the financial services and property sectors to the role, currently serving as chair of Heritage and People’s Choice as well as the chair of Resolution Capital and deputy chair of icare (Insurance and Care NSW).

He was previously a non-executive director of Suncorp Group before being appointed as managing director and chief executive officer in October 2015. In addition, Mr Cameron was the former CEO of the GPT Group and group chief financial officer of the Commonwealth Bank of Australia.

As well as his extensive financial services experience, Mr Cameron recently oversaw the merger between People’s Choice Credit Union with Heritage Bank in March of this year.

Speaking on the appointment, Justine Hickey, deputy chair of the Equip Super board, said: “I am thrilled to welcome Michael as the chair of the board of directors. I know his extensive experience and passion for profit to member organisations will steer Equip Super through the next chapter of the fund’s growth trajectory.”

Mr Cameron added: “I’m looking forward to joining one of Australia’s oldest superannuation funds, which has been equipping Australians for retirement for more than 90 years.

“Equip Super is in a unique position in the super industry, being a mid-sized fund with a strong profit to member ethos and I’m looking forward to working with the board and executive team in continuing to provide excellent outcomes for our members.”

Moreover, Mr Casey started at the fund as the chair of Catholic Super in 2017 and remained in the role through its joint venture with Equip Super. He then served as the independent deputy chair of the merged entity from October 2019, before taking over the chair position in 2021.

Ms Hickey thanked Mr Casey for his time with the board: “During his tenure he has successfully led the fund through a period of substantial growth and in particular the successful integration of the merger between Equip Super and Catholic Super which has delivered significant benefits to members of both funds.

“We thank Danny for his service to our fund and wish him all the best for his future endeavours,” Ms Hickey continued.

Mr Casey commented: “Michael joins a strong, skills-based board featuring combined experience at the highest levels of organisational leadership. His perspectives and guidance will help the fund to continue to provide excellent outcomes for members, employers and the Equip Super team. I have enjoyed my time at the fund and wish Michael and all at Equip Super all the best for the future.”