Long-standing Christian Super Chief Executive Officer, Peter Murphy has announced his resignation after a decade with the fund.
Murphy’s departure was confirmed by Christian Super chairman, Neville Cox who paid credit to his work citing the fund’s growth under leadership.
Cox said the board was preparing to begin a recruitment process to find a permanent replacement for Murphy but that, in the meantime, the existing executive team would manage the day to day responsibilities until a new CEO was appointed.
Cox said that he, as chairman, would be the key point of representation for all external parties.
The super fund has announced Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.