The Association of Superannuation Funds of Australia (ASFA) has begun a leadership transition, confirming the departure of its independent chair and a fund representative as it reshapes its board.
Gary Dransfield will step down after four years as independent chair, while Bryony Hayes has exited the board after two years representing TelstraSuper, following the fund’s merger with Aware Super.
Search processes are now underway to appoint both a new independent chair and an additional board member, with Dransfield expected to support the transition.
The leadership changes come after a period in which ASFA refreshed its strategic direction and expanded its operational footprint, including the rollout of its 2024–2027 strategy and the integration of ASP Services into ASFA InPractice.
Reflecting on his tenure, Dransfield said, “I am proud of the organisation ASFA has become during my four years as chair.
“ASFA is a unique organisation. It is the only body that brings together all parts of Australia’s superannuation sector into the one tent, and it is the only body that delivers end-to-end policy reform for the benefit of the whole sector.”
Hayes said, “It has been a pleasure to work with the ASFA CEO and board at a pivotal time for the organisation and the super sector.
“ASFA is strongly positioned to continue to meet its role as the voice of super as the sector evolves to meet new challenges.”
Both departing directors were involved in shaping the SC3 Framework, an industry-led initiative coordinated by ASFA to strengthen resilience against cyber threats, fraud and scams through shared intelligence across the sector.
ASFA chief executive, Mary Delahunty, acknowledged their contribution to the organisation’s recent evolution and governance.
“I am very appreciative of the assistance, collective wisdom and time Gary and Bryony have devoted to the ASFA board,” she said. “Gary in particular was a valuable source of guidance to me in my first two years as CEO, and I am grateful for his leadership and help.”
