LGS CEO resigns

Local Government Super’s (LGS’) chief executive, Peter Lambert, has resigned after 10 years in the role.

LGA chair, Craig Peate, said Lambert had achieved significant growth and wide recognition of the fund’s leadership in responsible and sustainable investment.

“On behalf of the board I wish Peter all the best for his future endeavors,” Peate said.

Related News:

Peate said the board had commenced recruitment to appoint a new chief executive.

Donna Heffernan has been appointed as acting CEO until a permanent replacement has been appointed.

“We are continuing to grow and perform well and have just achieved $10 billion in funds under management. With a stable and experienced team of senior executives in place the fund will continue to focus on delivering the best retirement outcomes for our members,” Peate said.

Related Content

Remove ‘default’ super option: FSC

The Financial Services Council (FSC) has recommended removing the “default” superannuation option to give employees greater scope to choose their ...more

SG needs recalibration

The superannuation guarantee (SG) needs to be recalibrated to include low income Australians and meet their needs, according to the Association of Sup...more

Pro rata super model will help failing system

A pro rata model of compulsory superannuation contributions would address the super system that is failing young people, Vision Super and the John Cur...more



Add new comment