Big West Australian Government-related fund GESB has recruited locally for its new chief executive, appointing former Westscheme chief executive Howard Rosario to the role.
Rosario departed Westscheme after it was merged with Australia's largest industry superannuation fund AustralianSuper in the middle of last year.
Rosario succeeds Michele Dolin at the helm of GESB after she departed the fund in May last year.
GESB — which had been the subject of an independent review commissioned by the West Australian Government — has been led by acting chief executives Fabian Ross and Larry Rudman since Dolin's departure.
In announcing Rosario's appointment, GESB chairman John Langoulant said he would oversee the implementation of choice of superannuation fund for public sector employees and the possible move by GESB towards becoming a greater procurer of superannuation services.
Data from Chant West reinforced on Friday that super funds finished April in positive territory despite ‘Liberation Day’-driven market turmoil.
Australia’s superannuation leaders gathered in Melbourne on Thursday for a closed-door forum tackling the escalating impact of artificial intelligence and shifting retirement income models on the sector.
The Treasurer has shown no signs of wavering on the construction of the controversial tax, while Liberal senator Jane Hume has urged the new economics team to “speak sense” to Jim Chalmers.
Volatile markets driven by shifting US tariff policy failed to rattle Australia’s superannuation system in April, with balanced options inching upward.