Pillar Administration has appointed Peter Brook as chief executive and managing director.
Brook previously held the post of chief financial officer for State Super Financial Services from October last year to May this year when he was appointed to Pillar.
Brook was also previously chief financial officer at Alinta Energy and held senior executive positions with Challenger Financial Services and MLC.
Last December Pillar Administration chief executive, Peter Beck left the fund and was succeeded by former chief executive Peter Cormack on a temporary basis while the fund looked for a permanent successor.
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.