South Australian industry super fund Statewide has appointed Richard Nunn as its new chief executive after John O'Flaherty resigned in May.
Statewide chairman, Juliet Brown, said Nunn has the experience and local market knowledge to drive the fund's future growth in the South Australian market.
"As a South Asutralian returning home Richard brings a local's understanding of our members, employers, and other stakeholders that gives us the confidence that the CEO transition process will be smooth," she said.
Nunn will start the role on 4 January and is currently NAB's general manager for strategic development in Asia. Prior to this he was NAB's executive general manger of advice and marketing, and held senior roles at AXA, IOOF, and the Commonwealth Bank.
"I've spent much of my career competing against the structural and reputational advantages provided by industry funds like Statewide, and it will be a genuine pleasure to be able to focus on leveraging the organisation's significant strengths in the marketplace," Nunn said.
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.