George Fishlock has been unanimously elected as the new chair of the board at AVSuper.
He will replace current AVSuper chair Tom Grant in January 2013. Grant is leaving to pursue other opportunities in the superannuation industry, having founded the fund and acted as chair since 1990.
Fishlock has been a member representative on the board for 14 years and an air traffic controller for 30 years.
As chair of the investment committee, he has been involved in due diligence of investment managers and investment processes, nationally and internationally.
He has also chairs the audit, compliance and risk management committee.
AVSuper chief executive Michelle Griffiths thanked Grant for his commitment in shaping the fund for 22 years and expressed confidence the fund was in Fishlock's "capable hands".
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.