Naomi Edwards, former chair of Spirit Super, has been appointed a non-executive director at life insurer TAL.
Edwards would also serve on the Audit Committee and the Risk Committee.
A former partner at Deloitte, she had previously served on the boards of the Australian Institute of Superannuation Trustees (AIST), Australian Ethical Super, and the Australian Institute of Company Directors (AICD).
TAL chair, Mark Joiner, highlighted the 35 years of experience in financial services that Edwards brought to the role.
He said: “Naomi is a highly-respected leader of the superannuation and life insurance sectors focused on delivering results for all stakeholders. On behalf of the board, I extend a warm welcome to Naomi and look forward to working with her as TAL executes the next phase of its corporate strategy.”
As chair of Spirit Super until last month, she oversaw Spirit Super’s transformation from $1.5 billion funds under management 12 years ago to $25 billion today.
She was also the 2023 President of the Australian Actuaries’ Institute.
“I have followed TAL’s journey and admired its culture and corporate values and am delighted to be joining the board. I look forward to working with the Board and the executive team led by CEO Brett Clark,” said Edwards.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.
ASIC chair Joe Longo has delivered a blunt warning to superannuation trustees, cautioning that board-level ignorance of member complaints and internal failings will not be tolerated and could trigger enforcement action.
ART has cautioned regulators against imposing overlapping obligations on superannuation funds already operating under APRA’s comprehensive framework, saying that additional oversight should be “carefully targeted to address potential gaps in other parts of the market”.
The super fund has appointed Simone Van Veen as chief member officer.