Rowell is set to commence her term as chair on 21 November 2025, having first been an independent director of ART since April 2024. She is currently the chair of the risk committee with the super fund.
She has previously held senior roles with the Australian Prudential Regulation Authority (APRA) spanning over two decades, which included 10 years as an executive board member and deputy chair.
Rowell oversaw the superannuation sector until mid-2021 before taking responsibility for supervising the insurance sector.
Her appointment follows Fraser announcing his intention to retire as the super fund’s chair in August after 10 years of service on the board, including its predecessor fund Sunsuper.
Commenting on Rowell’s appointment, Fraser said it comes as the sector matures and as ART “enters its next chapter”.
“At ART, we recognise the vital role superannuation plays in Australia’s financial system, our economy, and in the lives of our members,” Fraser said. “This understanding is reflected in our commitment to strong corporate governance.
“Helen’s depth of experience and leadership capacity will be vital assets as the fund implements its 2030 Strategy under the leadership of our CEO, Kathy Vincent.
“Together they represent a formidable leadership duo, who will lead ART into continued and greater success on behalf of the 2.4 million Australians who trust us with their retirement savings.”
ART’s commitment to high standards of governance positions it well, according to Rowell, as a growing cohort of Australians gear up for retirement.
“Australian Retirement Trust has a clear understanding of the responsibility it carries as the custodian of millions of Australians’ retirement savings,” Rowell said.
“The members of our board bring a diverse array of skills and perspectives that enable us to put the interests of our members front and centre, and I look forward to the next phase of ART’s development.”
Fraser further commented that the fund has been determined to build “capacity and capability for the future” since its formation through its hiring of “high-calibre individuals” across the board and management team.
“We have had many quality people join our ranks, and the smooth transition of internal candidates to the CEO role and to the board chair underscores our approach,” he said. “As I prepare to leave ART after this year’s Annual Member Meeting, I have immense confidence in the diligence, enthusiasm and calibre of the fund’s board and its senior leadership.
“More than anything, I know my fellow directors share a commitment to our members, that guides the fund’s continued delivery for those members.
“Being involved in the establishment and growth of Australian Retirement Trust as an enduring institution of standing, and a force for good in its commitment to our members, has been an honour.”
