Former Club Plus Super chief executive, Stefan Strano, has joined Australian Super as business lead for retirement solutions following the merger between the two superannuation funds.
The two funds completed the merger in December 2021, creating a super fund with over 2.4 million members.
Writing on LinkedIn, Strano said: “The Australian superannuation system has amassed an incredible $3.4 trillion of our savings and is a wonderful success story. With more people living longer than ever before and the idea of what ‘retirement’ means being redefined, our industry is turning more and more attention to how we can best serve members in retirement.
“I am thrilled to be joining the team at AustralianSuper and working to help members achieve their best possible financial position in retirement.”
He had worked as chief executive of Club Plus Super, which had 65,000 members, since December 2016 following almost five years at the fund as its head of marketing, brand and strategy.
The super fund has appointed Queensland director and super fund executive Brendan O’Farrell to its board as part of its ongoing governance renewal.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.