NGS Super acting CEO takes up permanent role

6 June 2023
| By Rhea Nath |
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Natalie Previtera, acting chief executive at NGS Super for the last nine months, has been permanently appointed to the role after with unanimous support of the board. 

Her appointment followed an extensive national recruitment process, the super fund said. 

She first joined the fund in 2019 and was named chief risk and governance officer in 2021.

“Natalie was a stand-out to lead NGS into our next phase, she brings unique expertise and perspective to the role with over 20 years of experience in financial services teamed with a genuine passion to continue to increase our value to members and employers as the fund for the education sector,” said Geoff Newcombe, chair of NGS Super.

He noted her proven track record of “deepening understanding” and “delivering personalised service” for the fund’s education and community sector members. 

“Natalie also has a strong commitment to environment, social and governance matters, aligning with NGS’ commitment to deliver long-term sustainable returns, while ensuring member’s funds are invested for good,” Newcombe said. 

Prior to joining the super fund, Previtera served as a senior manager, trustee governance at AMP for four years.

She had also worked at Perpetual for around three years, most recently as senior legal counsel.

Commenting on her appointment, Previtera said: “Together, with the team, we’ll strengthen our offering as the fund of choice for the education sector, remain focused on strong risk management and protection for our members, and we’ll deliver better experiences that help our members build their tomorrow, and to increase financial security and equality for all Australians.

“I believe strongly there is a place for small and medium funds in Australia’s superannuation landscape that are delivering value and positive outcomes for their members. 

“Our purpose is to help our members and the world prepare for tomorrow, this drives everything we do from our fund strategy to our investment philosophy and products, to the support and services we offer our members.”

Earlier this year, during her tenure as acting CEO, the industry super fund fell victim to a cyber-attack that resulted in limited data being taken from its systems.

However, it assured members the incident had not impacted their super savings or the funds’ assets, which remained secure on a separate platform. 

“The actions we’ve taken to date and will continue to take have secured our members’ superannuation savings and the fund’s assets,” said Previtera, who was acting CEO at the time.

“Our ability to respond to potential threats in a timely and efficient manner is at the core of our cyber security framework and allows for immediate action.”
 

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