Australian Institute of Superannuation Trustees chief executive Tom Garcia has resigned in order to take up a new role at AustralianSuper.
Mr Garcia will leave the AIST in mid-March 2017 to take up the role of head of product at AustralianSuper, with the search for a new chief executive to commence immediately.
Mr Garcia was appointed as chief executive of the Australian Institute of Superannuation Trustees (AIST) in February 2013, with the group’s president David Smith saying he had made a “significant contribution” to policy debates and the not-for-profit super sector’s ongoing success.
“Tom has been a passionate advocate for not-for-profit funds and their members through a period of significant policy and implementation challenges, as well as technological disruption,” he said.
“During Tom’s four-year tenure, AIST has thrived as an active and highly respected industry association with impact on super and retirement income policy, trustee and fund staff education and professional industry standards.”
Commenting on his own departure, Mr Garcia said he was proud of the work he had done with the AIST and had enjoyed his time working with the group.
“I feel honoured to have been given the wonderful opportunity to lead AIST and work with the AIST board and staff. It is a fantastic organisation with many passionate and dedicated members and I look forward to seeing AIST grow from strength to strength in the future,” he said.
Hostplus has teamed up with global private investments firm Flexstone Partners, an affiliate to Natixis Investment Managers, to start a US p...
APRA has announced that it will watch super funds more closely and has not ruled out naming and shaming underperforming funds. ...
The head of Australia’s largest industry superfund has warned of the significant changes afoot for those working with other people’s ret...