AustralianSuper chair Elana Rubin has resigned from her position and will be replaced by former Reserve Bank of Australia board member Heather Ridout.
Rubin was a member director nominated by the Australian Council of Trade Unions and is also director of Mirvac Group, TAL and not-for-profit food rescue organisation SecondBite.
Rubin was chair of ARF from 1994 to 1997 and executive director of investments from 1997 to 2006.
She was a member of the Infrastructure Australia Council and Evans & Partners Advisory Board.
Ridout is former Australian Industry Group chief executive and is a member of Infrastructure Australia.
AustralianSuper manages $59 billion on behalf of two million Australians.
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.