Energy Super chief executive Robyn Petrou has taken home the Fund Executive Association Limited's (FEAL) highest accolade of the year, the Fund Executive of the Year Award.
FEAL, in partnership with AMP Capital, created the award to recognise leadership, innovation and achievement by a fund executive within Australia's superannuation industry.
Petrou was commended for showing exceptional leadership through the launch and growth of Energy Super and initiating an internal review which aligned processes and systems with the fund's new members.
"Robyn has focused on the needs of its members and the opportunities for growth. She continues to provide certainty for Energy Super's members through her clear and decisive leadership and dedicated member services," AMP Capital head of institutional business, John Meagher said.
Petrou was singled out for the award by a panel of industry leaders and peers and will receive a $20,000 education grant as a prize.
A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in both public and private markets.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.