Industry super fund, CareSuper, has announced its intention to recruit its next CEO, following the resignation of Julie Lander after more than 21 years with the fund.
Ms Lander is expected to remain in the role while the fund searches for her replacement, which it expects should be finalised by the end of 2022.
“The board is excited to begin the process of recruitment for the next leader of our award-winning fund. We are committed to ensuring our strong culture is retained as we grow to be the leading challenger fund to Australia’s mega funds, and continue to outperform for our members for the future,” said Linda Scott, CareSuper chair.
“Julie has played a significant role in Australia’s superannuation industry, serving our members and the broader superannuation movement with distinction over many years,” she said.
Ms Lander joined CareSuper as a general manager in 2001, when the fund had some $1 billion in funds under management (FUM).
Promoted to CEO in 2002, under her leadership the fund grew to almost 200 staff and $20 billion in FUM with approximately 220,000 members which includes members acquired from a 2012 merger with Asset Super.
“Julie has played a significant role in Australia’s superannuation industry, serving our members and the broader superannuation movement with distinction over many years,” Ms Lander said.
“Julie leaves her successor with a substantial foundation to build on, having recently led an organisational review, reinvigorating CareSuper’s Executive Leadership Team with key appointments and launching a Five-year Strategy to underpin the Fund’s next phase of growth.
“We’re grateful that Julie will continue to serve as our CEO during the transition to a new leader, ensuring continuity and stability for our wonderful staff and valued members,” Ms Scott concluded.
Commenting on her decision to step down as CareSuper CEO, Ms Lander said, “It has been an honour to lead an amazing team of truly professional and dedicated people working together for a Fund, and industry, with a strong purpose — to help Australians get ahead”.
“I have always reminded our staff that it is a privilege as well as a responsibility to manage other people’s retirement savings. Having served the Fund and its members for over two decades, I believe it is the right time to step aside and hand over to a new leader to take CareSuper forward.”
Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.