Spirit Super has appointed Maria Wilton as chair as Naomi Edwards departs after 12 years as a director with the fund.
Edwards would retire on 30 November.
Chief executive, Jason Murray, announced Wilton would be nominated to join the board from 1 December, 2022 following a thorough search.
Murray said: “Maria is well known to those in our sector as a strong advocate for the industry super fund sector and achieved great growth during her tenure as Chair and Country Head of Franklin Templeton, a global, listed investment manager. She is an ESG leader and this aligns strongly with Spirit’s focus on carbon reduction, impact investing, and supporting regional business.”
During Edwards’ time at the fund, assets had grown from $1.5 billion to $25 billion with 324,000 members.
Edwards said: “It has been a pleasure and privilege to lead Spirit Super and its predecessor funds. As a proud Tasmanian it fills me with pride to have played a part in building a nationally competitive fund, serviced and administered out of Hobart, with offices and people across the state and country.
“The economies of scale we have achieved through our mergers have meant that Spirit Super is nationally competitive in respect of both fees and investment returns, but still with superior and award-winning service levels.”
