Mr Lally “plans to pursue a career as a non-executive director”, according to a statement released by Sunsuper yesterday afternoon.
“Sunsuper acknowledges the hard work and commitment of Mr Lally to Sunsuper over the past six years, including his contribution to Sunsuper being the first superannuation fund to gain approval to operate a MySuper product,” the statement said.
The fund is yet to announce a new chief executive, and Bruce Wilson has been appointed as interim chief executive.
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Sunsuper currently has $24 billion in funds under management.
