Rest has appointed Joanne Lester as a director, hiring her for her experience in corporate superannuation.
She was appointed as an employee-representative, having been nominated by the Australian Retailers Association and would replace Catriona Noble who had joined Australia Post.
Lester had more than 30 years' experience in corporate superannuation, predominately with ASX-listed firm Wesfarmers. She had also served as an alternate director to the Rest board since July 2016.
Ken Marshman, chair of the Rest board, said: “Jo’s extensive experience with superannuation, and her familiarity with Rest’s strategy will be a valuable addition as we continue helping our members achieve their personal best retirement outcomes.
“Her deep understanding of corporate superannuation, the retail industry, and broader human resources environments further deepens the expertise within the Rest board.”
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Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.