legalsuper has provided an update on its search for a chief executive, following the departure of Andrew Proebstl in November.
Proebstl departed the fund in November after 20 years as CEO and chief operating officer, Trevin Erichsen, was appointed to hold the role in an interim capacity.
Erichsen had joined legalsuper from Australian Retirement Trust earlier in 2022.
Chair, Kirsten Mander, said the fund was undertaking a global search for Proebstl’s replacement, appointing executive search company Odgers Berndtson to lead the process.
She said: “I note two very important themes coming through from many of our applicants being firstly, their genuine interest in legalsuper’s specialisation as the super fund for Australia’s legal community – and the associated clarity of purpose this specialisation provides – and secondly, their recognition of our high-performance, collegiate and member-centric culture.
“The board’s sub-committee is currently assessing a short-list of high-calibre applicants with a view to continuing to progress our recruitment process and finalising our decision for Board approval. This is an exciting time for legalsuper and I look forward to introducing our new chief executive to all our members and partners in due course.”
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.