Sunsuper’s chief executive Tony Lally has stepped down from his position leaving Bruce Wilson as interim chief executive.
Lally plans to pursue a career as a non-executive director.
The announcement comes following discussions over a period of time according to Sunsuper.
Lally has been with the fund for 6 years becoming chief executive in 2007.
Sunsuper grew its funds under management during Lally’s time from $11 billion to $24 billion
“Sunsuper acknowledges the hard work and commitment of Mr Lally to Sunsuper over the past 6 years, including his contribution to Sunsuper being the first superannuation fund to gain approval to operate a MySuper product,” a Sunsuper statement read.
Sunsuper chair, Graham Heilbronn said Lally’s success in the Ride to conquer Cancer, following a career as an Olympic cyclist, was a super achievement.
“Tony should be proud of his passion and commitment to cycling and this great charity and what he has helped achieve,” he said.
Lally will continue to support Sunsuper, fulfilling key roles at the Sydney and Perth Ride to Conquer Cancer events.
Stockspot is aiming to launch the Australia-first vehicle in the coming months.
Natalie Kelly has been appointed permanently to the role following an extensive selection process.
Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative.
The $7 billion fund has hired a new chief executive to succeed Lachlan Baird, who departed the fund in December last year after 18 years.
Add new comment