Experienced chairman and director Michael Cameron has been appointed chair at Equip Super.
He commences on 1 November 2023 and brings extensive experience in the financial services and property sectors.
He is the current chair of Heritage and People’s Choice bank and oversaw the merger between People’s Choice Credit Union with Heritage Bank in March 2023. He is also chair of Resolution Capital and deputy chair of icare (Insurance and Care NSW).
Justine Hickey, Equip Super’s deputy chair, said she was thrilled to welcome Cameron to the board.
“I know his extensive experience and passion for profit to member organisations will steer Equip Super through the next chapter of the fund’s growth trajectory,” she said.
The fund has previously flagged its strategic objective of growing in size and achieving further scale that offers a better experience and connection for its members and employers. Over the past seven years, it has completed five successor fund transfers and completed its acquisition of Catholic Super in October 2019.
In September, chief executive, Scott Cameron, told Super Review the fund is tracking well on its path to achieving $50 billion in funds under management.
Commenting on the chair appointment, Cameron said he looked forward to joining one of Australia’s oldest superannuation funds.
“Equip Super is in a unique position in the super industry, being a mid-sized fund with a strong profit to member ethos and I’m looking forward to working with the board and executive team in continuing to provide excellent outcomes for our members,” he said.
Cameron’s vast experience includes over seven years at Suncorp, of which he was chief executive and managing director for over three and a half years.
He was chairman of the Financial Sector Advisory Council from the Australian Government Department of Finance and was involved in the Royal Commission and governance reviews of the financial services industry.
He has also contributed to Federal Treasury and NSW Treasury in an advisory capacity.
Cameron takes the reins at Equip Super from Danny Casey, who served as chair for six years. Casey started at the fund as the chair of Catholic Super in 2017 and was instrumental in leading the fund through the joint venture with Equip Super.
He served as the independent deputy chair of the merged entity from October 2019 and took over the chair position in July 2021.
Equip Super deputy chair, Hickey, thanked Casey for his service.
“During his tenure he has successfully led the fund through a period of substantial growth and in particular the successful integration of the merger between Equip Super and Catholic Super which has delivered significant benefits to members of both funds,” she said.
“Danny has provided strong leadership and has developed a fund culture that delivers the best retirement outcomes possible for members through connection and commitment. We thank Danny for his service to our fund and wish him all the best for his future endeavours.”
