The Australian Institute of Superannuation Trustees (AIST) has announced the appointment of former Federal Treasurer and deputy prime minister Wayne Swan to its board.
Swan was also chair of Cbus Super and filled the trustee-elected director vacancy which had been left by Sonya Beyers from BUSS (Queensland).
It had also appointed Sarah Adams, group executive strategy for reputation and corporate affairs at Australian Super. Adams was filling the staff-elected vacancy, formerly held by her AustralianSuper colleague Louise du Pre-Alba.
Both appointments were effective from 1 April.
AIST president, Catherine Bolger, said: “It’s a privilege to welcome two more high calibre directors to our Board as we continue to navigate the organisation through the challenges of a world impacted by the pandemic while continuing to set it up for success in the future”.
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.