The Fund Executives Association Ltd (FEAL) has announced the appointment of Natalie Previtera, chief executive of NGS Super, to its board of directors.
Effective 30 September 2023, Previtera replaces Jo Townsend, who is retiring from the board, consistent with her retirement as CEO of Funds SA after eight years in the role.
Commenting on the board appointment, Brian Delaney, FEAL chairperson, said: “Natalie’s extensive experience in corporate governance, legal, risk management and government affairs will strengthen FEAL’s commitment to professional development, education resourcing and engagement for the benefit of our members, the industry and the Australians we are here to serve.”
Previtera was appointed NGS Super CEO in June 2023, previously serving as acting CEO for almost ten months.
She first joined the fund in 2019 and was named chief risk and governance officer in 2021.
Click here to read Super Review’s profile on Previtera
She joins seven existing directors on the FEAL board, namely Paul Watson, group executive member experience at Hostplus; Damian Wills, CEO of BUSSQ; Lisa Samuels, chief experience officer at HESTA; Chris Davies, CEO of TelstraSuper; Belinda Ray, chief audit executive at AustralianSuper; Steve Hill, group executive, people & workplace at Aware Super; and Gemma Kyle, chief risk officer at Rest Super.
Hill and Kyle joined the board in May this year, replacing Deanne Stewart, Aware Super chief executive, and Ross Piper, chief executive of Australian Ethical.
FEAL chairperson Delaney also thanked outgoing Townsend for her contribution to the FEAL board, particularly during the pandemic, where she steered FEAL through the complexity of COVID-19 as chair of the FEAL Finance Committee.
Delaney said: “Jo’s commitment to FEAL during this distressing period was instrumental in not only securing FEAL’s financial position but allowing us to better adapt to uncertain times.
“Jo’s contribution to the board, and broader super industry, has been commendable and we thank her for her contribution.”
Last month, this year’s FEAL Fund Executive of the Year was awarded to Bernard Reilly, chief executive of Australian Retirement Trust (ART). FEAL described him as “demonstrating exceptional strategic planning and leadership skills in co-ordinating a successful merger of Sunsuper and QSuper to form ART” in 2022.
However, less than a month later, Reilly announced he would be stepping down from the $260 billion fund.
