Chief executive of Telstra Super, Martin Crowe, has announced he intends to retire on 30 August 2013.
Mr Crowe joined Telstra Super in 2000 as chief financial officer. He became company secretary in 2003 and was appointed chief executive in August 2008.
“My time at Telstra Super has coincided with enormous change at Australia’s largest corporate super fund and a period of significant transformation within the superannuation industry. After 41 years in the workforce I am looking forward to winding down and spending more time with my wife and our extended families in Australia and Ireland,” Mr Crowe said.
“Martin leaves Telstra Super with our best wishes and our appreciation for guiding the fund through a significant period of internal and external change, and he leaves the fund well placed to meet the challenges of the new environment,” said David Leggo, chairman of the $13 billion fund.
Telstra Super also announced it is launching a new investment platform on July 1, 2013. It will enable members to invest directly in the ASX300 and term deposits through a range of providers. Telstra Super’s application for MySuper authorisation has also been lodged, according to the statement.
