Future Super’s head of fund operations departs

5 March 2024
| By Rhea Nath |
image
image
expand image

Matt Gahan has departed Future Super, six months after being promoted to head of fund operations.

He first joined the super fund in 2019 as general manager, superannuation.

Writing on LinkedIn, he described his tenure at Future Super as “amazing”. “After five amazing years at Future Super, the time has come for me to move on,” Gahan wrote.

“I have been continually amazed at the people I have had the privilege to work with and I have admired the passion, commitment and energy that people bring to their role at Future Group.

“I have been fortunate to work on many projects and initiatives that have shaped the future direction of the business and lead high performing teams to deliver outstanding work and outcomes for our members across multiple brands.”

He added: “I have learned a lot about myself, the way I lead, my purpose and values. I will be forever grateful for the opportunities and challenges presented to me along the way.”

Previously, Gahan spent over five years at Australian Ethical, most recently as executive officer, superannuation.

He has also held analyst roles at Commonwealth Bank of Australia, FuturePlus Financial Services and OnePath.

The departure follows an announcement from the group’s founder and chief executive, Simon Sheikh, last month, where he flagged a strategic reshaping of its organisational structure.

He shared that assets under management have grown tenfold in the last four years, achieved by a growing appetite for ethical investments alongside a targeted program of acquisitions.

“Our mission is to use these brands and the power of our members’ superannuation to drive change in the $3.5 trillion super industry while delivering great outcomes for our members,” Sheikh said.

“Now that our acquisitions are finalised, we need to reshape our organisational structure to execute our strategy. Put simply, we are moving from being a group of acquired businesses to a single integrated team running multiple brands.

“Sadly, this means saying farewell to some valued individuals who’ve made important contributions to our mission.”

At the time, the group did not indicate how many job cuts were expected and Sheikh said they would be consulting with their team to identify redeployment opportunities where possible.

 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months ago
Kevin Gorman

Super director remuneration ...

4 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months 1 week ago

Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest m...

23 hours ago

Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region....

1 day 15 hours ago

While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...

1 day 5 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND