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.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
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Rest has joined forces with alternative asset manager Blue Owl Capital, co-investing in a real estate trust, with the aim of capitalising on systemic changes in debt financing.
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.