ASFA appoints UniSuper CEO to board

The peak superannuation body has announced the appointment of Peter Chun, CEO of UniSuper, to its board of directors. 

UniSuper, managing over $158 billion in assets, is a leading Australian superannuation fund serving approximately 670,000 members nationwide.

Having joined UniSuper in 2021, Chun brings more than 25 years of experience across investment management, financial advice, and product development to the board table. He has previously held senior positions at Aware Super, Colonial First State, and Macquarie Bank.

Commenting on the announcement, Gary Dransfield, chair of the Association of Superannuation Funds of Australia (ASFA), said Chun’s addition will enhance the ASFA board’s depth and diversity of experience.

“We’re delighted to welcome Peter to the ASFA Board at such a pivotal time for the superannuation system,” Dransfield said.

“As the leader of a fund with deep roots in higher education and a long record of managing most of its assets in-house, Peter will add valuable insight to ASFA’s work as we continue to advocate for the strength, sustainability and inclusivity of Australia’s world-class retirement system.”

ASFA CEO Mary Delahunty agreed and added that Chun’s proven leadership, investment discipline, and strong member focus would be valuable assets to the board as it embarks on its next phase.

“Peter’s experience across both strategic and operational aspects of superannuation will enrich the Board’s perspective as we look to the next stage of reform and opportunity,” Delahunty said.

Chun said he was honoured to be joining the ASFA board and stated his commitment to advancing Australia’s retirement outcomes. He highlighted the increasing relevance of access to advice within the national retirement conversation as a key area for his contribution.

“ASFA’s unique role in representing the full breadth of the superannuation sector, from industry, retail, and public sector funds through to service providers is more important than ever,” he said.

In particular, he noted that he was looking forward to collaborating with colleagues on key issues, including cyber security, the implementation of payday super, and the Delivering Better Financial Outcomes (DBFO) reforms, which aim to guarantee all Australians have access to high-quality advice and a dignified retirement.

Additionally, ASFA has recently put forward a proposal for super funds to share intelligence regarding criminal threats or co-ordinated activities, with the aim of enhancing their preparedness and ability to protect member funds from the increasing risk of cyber threats.