Equip Super has appointed an employer director to its board as Mark Cerche retires.
Cerche retired from the board of the $36.9 billion fund at the end of 2025 after eight years in the position.
His replacement is John Comito who brings 40 years of financial services experience and deep superannuation expertise, having overseen mergers for VicSuper, Aware, Catholic Super and Equip Super.
Since 2024, Comito has been part of the Catholic Archdiocese of Melbourne, which nominated him for the Equip Super position, and previously spent 26 years at NAB in a variety of roles including chief risk officer for products and markets and executive for asset servicing.
There are three employer directors on its board; Comito, David Doolan and Sharife Rahmani.
Comito joined on 1 January and also joined its stakeholder engagement and innovation committee (SEIC). He has also joined its audit and finance committee (AFC) while Julian Widdup was appointed as chair of that committee from 1 January.
Equip Super chair, Michael Cameron, said: “Mark has made an outstanding contribution to Equip Super over the past eight years, and we thank him for his dedicated service to the fund and its members.
“We are also delighted to welcome John Comito to the board. John brings a wealth of financial services and superannuation expertise, as well as a strong track record in transformation and governance, and we are confident he will be an exceptional addition to Equip Super.”
Comito added: “The fund has a strong history of delivering for members and employers, and I look forward to contributing to the board’s work, particularly through the Audit & Finance Committee and Stakeholder Engagement and Innovation Committee, at a time of continued growth and evolution for the fund,” he said.
In September, Equip appointed Michelle Cheong as its chief risk officer lead the fund’s risk function and oversee the development and implementation of the enterprise risk management framework.
She will also be responsible for fostering a strong risk culture across the organisation, championing transparency, accountability, and proactive risk management at every level.
She previously served as Equip Super’s head of risk for four years, where she has played a central role in embedding practices across the organisation and advancing the maturity of its risk culture.
