One of Australia’s largest super funds has announced a new CEO.
Australian Retirement Trust (ART) has named Kathy Vincent as its new CEO following the resignation of David Anderson.
Vincent, currently ART’s chief operating officer, will step into the new role from 1 October 2025, the fund confirmed.
She has been part of the executive committee for the past two years and has previously held senior leadership roles at Westpac, NAB, and Macquarie.
ART chair Andrew Fraser said Vincent was a “natural choice”, noting her track record in financial services and retirement products.
“Kathy brings enormous experience and commitment to the CEO role. As a leader with a large span of influence, Kathy is exceptionally well placed to lead ART into the future,” Fraser said.
“I know her to be not just a quality leader, but someone who will strive for excellence on behalf of the 2.4 million Australians who are counting on ART to secure their retirement savings.”
Vincent commented that she was honoured by the opportunity to lead the $260 billion super fund.
“Across my career I’ve been able to work at some extraordinary institutions, but I can truly say I’ve never felt as at home as I do at ART,” she said.
“I am looking forward to being able to bring that feeling to our members, our team, our employers and other partners. Thanks to David’s leadership, ART is on a clear path towards where we want to be by 2030, and I’m determined to keep us driving towards that goal.”
Anderson resigned after deciding to spend more time with his family in Sydney, according to ART.
“It’s been an honour and a privilege to lead ART to become one of the largest retirement savings and income funds in Australia and a prominent global institutional investor,” Anderson said.
“I’m very grateful to have had the opportunity to serve ART’s members and to have had a part in driving retirement outcomes for those 2.4 million Australians alongside 200,000 employers, union and financial adviser partners.
“With great confidence in our executive committee and enterprise leaders, and with an expanding cadre of grandchildren growing up faster than I anticipated in Sydney, I now need to be closer to them and devote more time to our family.”
Fraser thanked Anderson for his leadership and his role in shaping the fund’s 2030 strategy and streamlining operations.
“David’s tenure as CEO has resulted in the introduction of a focused strategy and streamlined operating model designed to drive the next phase of ART’s growth and deliver even greater outcomes for our members,” Fraser said.
Since joining ART as chief of retirement and later as chief operating officer, Vincent has overseen key initiatives including the unification of ART’s investment menu, the rollout of a single advice platform, and the introduction of a single member services management system.
Rodney Greenhalgh, currently executive general manager of product and services, will serve as interim chief operating officer, while a permanent replacement is sought.
Industry bodies have welcomed ASIC’s interim private credit report, signalling a push for stronger governance and clearer standards across the sector.
The super fund has strengthened its leadership with the appointment of Katrina McPhee as chief member officer to enhance retirement outcomes and service.
An ASIC-commissioned report warns that private credit’s rapid growth masks weak disclosures, conflicts of interest, and a heavy concentration in property lending that could leave smaller and self-managed super funds exposed when the cycle turns.
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.