Cate Wood will replace Gerard Noonan as president of the Australian Institute of Superannuation Trustees (AIST) after Noonan, who will become AIST's deputy president, completed the maximum two-year tenure in the same role.
Wood is currently a director of AIST, chair of the national Women in Super network, deputy chair of Care Super, a member of the ACT Treasury Investment Advisory Board and chair of the AIST education committee.
Formerly chief executive of AGEST, Wood was a member of the AGEST Super Board until April last year.
AIST chief executive Fiona Reynolds said Wood's breadth of experience and her commitment to the "not-for-profit ethos and improving super adequacy for women" made her an ideal candidate.
She said the Institute would benefit from Noonan's ongoing involvement in key policy areas such as governance.
Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
The ATO has revealed nearly $19 billion in lost and unclaimed super, urging over 7 million Australians to reclaim their savings.
The industry super fund has launched a new digital experience designed to make retirement preparation simpler and more personalised for its members.
A hold in the cash rate during the upcoming November monetary policy meeting appears to now be a certainty off the back of skyrocketing inflation during the September quarter.