POWERED BY MOMENTUM MEDIA
Cbus makes internal appointment to group exec role
Cbus Super has appointed Michelle Boucher, as its group executive, People, Technology and Enablement, following a successful spell at the fund as group executive, Member Experience.
Boucher had worked at Cbus for five years and had more than 30 years’ experience in the superannuation, trustee and public service sector.
Cbus chief executive, David Atkin, said that Boucher’s experience at the fund made her ideally placed to drive innovation and growth across the company.
He expected the $40 billion fund to double in size within five to six years and said it was seeking to take “greater direct control of our investment activities and of our member and employer advice and services”.
Boucher was excited to have the opportunity to drive change in an “evolving” environment.
“Cbus has embarked on a significant programme of work to innovate and ensure our 760,000 members get the best service they can from the fund,” she said.
“I have already been working closely with Deloitte, our strategic partner to drive this next stage in our transformation and look forward to expanding on that work.”
Cbus said that a recruitment process for the group executive, Member Experience, role was underway.
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.24 3 y p.a(%)
4
Pengana High Conviction Equities B
40.36 3 y p.a(%)
5
Pengana High Conviction Equities A
40.34 3 y p.a(%)
