Cuffe steps down as UniSuper chair

UniSuper chair, Chris Cuffe is retiring after more than a decade on the board of the industry fund, and will be replaced by UniSuper director, Ian Martin, effective 1 July.

UniSuper chief executive, Kevin O’Sullivan, said Cuffe had placed the superannuation fund in a solid position since assuming the position in 2011.

“There has been extensive change within our fund and the broader industry over the last decade and we are in a much stronger position today due to Chris’ guidance and oversight,” he said.

“Chris has guided the board through a transformative time within the business and we have benefitted enormously from his wealth of experience, insight, and leadership.”

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Martin joined the UniSuper board as an independent director in April 2013. His director position would be filled by former Invesco and AXA Australia executive, Mark Armour.

Martin formerly held positions with BT Financial Group and Bankers Trust Corporation and is the current chair of Argo Investments Limited, Argo Global Infrastructure Limited, and Wayside Chapel Foundation. He also holds the position of vice chair, Asia-Pacific of Berkshire Capital.

“I am very much looking forward to the opportunity to chair the UniSuper board and am honoured to be appointed to the role,” he said.