UniSuper has announced its chief executive, Kevin O’Sullivan, will be stepping down later this year after eight years at the helm.
Commenting on his departure, O’Sullivan, said he was looking forward to stepping back and “adding more flexibility to my life, including spending more time with my wife”.
The fund’s chair, Ian Martin said: “Under Kevin’s leadership, UniSuper has consistently been recognised as one of Australia’s leading superannuation funds, ranked amongst the top five funds for investment performance, member satisfaction and advice services.
“Kevin is highly respected by UniSuper’s employees, members and university employers as well as by so many people in the superannuation sector. He has consistently ‘walked the talk’ when it comes to putting Members’ interests first. His contribution to both to the superannuation sector and to UniSuper’s success was appropriately recognised by the Fund Executives’ Association last November, when he was named FEAL Fund Executive of the Year 2020.”
UniSuper has appointed Egon Zehnder to assist with the appointment of the new CEO. O’Sullivan will continue in the role until a successor commences.
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.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.