Aware Super has appointed a new chair to take over from Neil Cochrane.
Cochrane would step down from the $150 billion fund after three successive terms and would depart on 28 February, 2023.
His term included the merger between First State Super and VicSuper to create Aware Super in 2020.
The fund had now appointed Sam Mostyn to take over from 1 March, 2023.
Mostyn was president of Chief Executive Women, a board member of the Centre for Policy Development and chair of the Climate Council.
Aware Super chief executive, Deanne Stewart, said: “Aware Super would not be the leading super fund it is today without Mr Cochrane’s leadership. Under his tenure we have set new benchmarks for the superannuation industry through our Climate Change Portfolio Transition Plan, strident advocacy for gender equity, diversity, and inclusion on behalf of our members, and a dedicated commitment to strong, long-term performance.”
“Sam is one of Australia’s most seasoned board chairs and an experienced leader who understands that as one of Australia’s largest super funds it is vitally important that we continue to deliver strong and sustainable long-term returns for our members.
“At a time of so much change in the Australian economy, we’re excited to have someone with Sam’s extensive corporate experience demonstrating the long-term value creation that can be achieved through a commitment to policies such as positive climate action, equality, diversity and inclusion.”
