The super fund has appointed its new chief financial officer, who previously held a senior finance executive role at Aware Super.
Cbus has appointed Tim Elliott from Housing Australia as chief financial officer for the $105 billion superannuation fund.
In his new capacity, Elliott will lead a business unit comprising finance, data & analytics, business risk and compliance and investment enablement.
Elliott joins Cbus from Housing Australia, where he has served as CFO since February of this year.
Prior to this, he spent seven years as group executive for finance, strategy and transformation at Aware Super from 2017 to 2024, leading the fund’s finance teams through periods of rapid growth and major digital transformation.
He has also held a range of senior roles at ESSSuper, StatePlus Super, and in banking and investment management.
Commenting on the announcement, Cbus Super CEO Kristian Fok said Elliott’s experience made him the ideal choice to lead the fund’s finance business unit.
“Tim’s success as a senior leader in the industry superannuation sector means he deeply understands what it means to put members first, which is what Cbus is all about,
“Having someone of Tim’s calibre join in this critical role will give Cbus a renewed focus on financial management and deeper strategic insight into the fund’s financial performance,” Fok said.
Elliott said he was excited to join the $105 billion super fund, adding that the opportunity was simply too good to pass up.
“Cbus is more than just an industry-leading fund, it has a unique responsibility to protect and enhance the interests and retirement outcomes of its more than 900,000 members and workers across Australia,
“With more than $105 billion in funds under management, Cbus is exceptionally well positioned to continue growing those retirement savings and to make sure members enjoy the rewards of their hard work,” Elliott concluded.
The announcement also follows news that Alexandra Campbell, former head of private markets and deputy CIO at Cbus, has this week stepped into the role of CIO at NAB Private Wealth.
