Prime Super welcomes new CEO

6 May 2024
| By Rhea Nath |
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Prime Super has appointed Raelene Seales as its new chief executive officer, effective 3 June 2024.

She takes the reins from former CEO Lachlan Baird, who has held the role since 2005 and led the profit-to-member fund through three mergers. He stepped down in December 2023.

Seales joins the $7 billion fund from Zurich Insurance, where her roles spanned operations, distribution, acquisitions, and strategy, both in Australia and abroad over the last eight years.

Prior to that, she served as head of advice delivery at ANZ for almost four years, where she designed, developed, and led the dealership services team for ANZ-aligned and salaried teams.

She also worked at NAB for nearly eight years, departing as general manager for advice services.

Commenting on the appointment, Prime Super chair Nigel Alexander said: “Raelene’s demonstrated leadership, strategic vision, and customer-first values align perfectly with the goals of Prime Super.

“The Board looks forward to working with Raelene as we continue to grow and protect the hard-earned retirement savings of our 140,000 members.”

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