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ART to welcome new CFO
Australian Retirement Trust (ART) announced the appointment of Phil Fraser as its next chief financial officer, effective 1 October.
Fraser brings over 25 years of experience across finance, operations, insurance, and technology roles, most recently serving as CEO of ART Life.
His résumé also includes leadership roles at Standard Life, QSuper, and Great Southern Bank, operating in both Australia and the UK.
“I’m excited to welcome Phil to Australian Retirement Trust’s executive committee. I know he will help set our Fund up for future success,” said ART CEO David Anderson.
“In an evolving superannuation landscape, Phil is the right appointment to lead and enable our Finance & Strategy teams to reach their full potential and support great retirement outcomes for our almost 2.4 million members.
“We’ve been putting members’ money to work both locally and globally, to support all of our members to retire well, and I’m confident Phil will help our Fund work towards that every day in his new role.”
Fraser will take the reins from ART’s inaugural CFO Anthony Rose, who joined the fund in November 2021, and is stepping down to explore other opportunities.
Commenting on the departure, Anderson said Rose has “successfully strengthened” the fund’s financial resilience and has been a valued voice at its executive table.
“On behalf of all my colleagues, I thank Anthony for his considerable contribution to ART and wish him all the best for the future,” Anderson said.
With Fraser’s move, the role of ART Life CEO will now be taken up by Matthew Finney on an interim basis.
Last month, ART announced its “next phase of strategic growth” with a new streamlined operating model that focuses on three lines of business, namely investments, workplaces, and members.
The three lines of business will be enabled by an integrated operations and delivery team, to be overseen by ART’s new chief operating officer Kathy Vincent, who has served as its chief retirement officer since December 2023.
The $300 billion fund also unveiled a revamped executive committee that comprises:
- Ian Patrick as chief investment officer
- Kathy Vincent as chief operating officer
- Simonne Burnett as chief member experience officer
- Anne Browne as chief people officer
- Julie Bingham as chief enterprise services officer
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
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