Industry fund Prime Super has appointed its first member to its board of directors following its merger with health-based fund HIP earlier this year.
The fund announced it has appointed St Vincent's Private Hospitals' CEO Martin Day to the board, bringing the number of independent directors on the board to four.
Day was previously CEO of St Vincent's Private Hospital Melbourne for 11 years, and previously held senior positions with Mayne Health in Victoria, Western Australia and Tasmania.
Along with the four independent directors, Prime Super has one Australian Workers Union, and one employer nominated (National Farmer's Federation) director.
Chairman of Prime Super Alan Bowman said the fund will be adding more independent directors on the board, which will include more people from the health and aged care industries in the short term.
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.