QSuper and Sunsuper have finalised their merged fund executive team, tasked with leading the blended $200 billion superannuation fund once the merger is completed.
Former director at Credit Suisse Australia, Anthony Rose, has been appointed chief financial officer, while Helen Jackson has been appointed chief people officer of the fund resulting from the planned merger of QSuper and Sunsuper.
The chief executive of the merged fund, Bernard Reilly, said both appointees have impressive backgrounds and bring strong commercial experience to the roles.
“At merger, we will be Australia’s second largest superannuation fund with 2 million members, and we have created a leadership team equipped to serve their needs,” said Mr Reilly.
“The executive team has a blend of experience and background and, most importantly, a shared commitment to the best financial interests of our members.
“These appointments are another important step in setting up our merged fund for success and the Board and I are confident this executive team is well placed to deliver for our members and our people.”
QSuper and Sunsuper signed a heads of agreement in March to merge and create a superannuation fund with more than $200 billion in funds under administration and 2 million members open to all Australians. The merger remains subject to a range of conditions, including regulatory, legislative and final board approvals.
QSuper currently has $130 billion in funds under administration and 600,000 members. Sunsuper has $90 billion in funds under management and 1.4 million members.
The executive team members of the merged fund will be:
• chief executive – Mr Reilly
• chief financial officer – Mr Rose
• chief growth officer – Dave Woodall
• chief investment officer – Ian Patrick
• chief member officer – Karin Muller
• chief people officer – Ms Jackson
• chief of QInsure – Phil Fraser
• chief risk officer – Anne Browne
• chief strategy officer – Teifi Whatley
• chief technology officer – Rod Greenaway
• general counsel – Deanne Wilden
Super fund HESTA has become the first Australian signatory to the Paris Aligned Asset Owners group that now boasts US$2.35 trillion in fund...
AMP will deliver more super fee reductions for its members starting next month. ...
HESTA has teamed up with social enterprise Girls of Impact to encourage a focus on gender diversity in the financial services industry. ...