POWERED BY MOMENTUM MEDIA
Brighter Super CFO steps down
Brighter Super has announced the departure of its long-serving chief financial officer Garnett Hollier.
An experienced executive with over 25 years of experience in financial services, Hollier held the role for over a decade, overseeing the finance, tax, financial planning, corporate strategy, and investment operations functions of the fund.
In a statement to Super Review, a Brighter Super spokesperson described Hollier as a key leader who has been “instrumental” in its growth and success for almost 12 years.
“During his tenure, Garnett’s leadership directly contributed to a five-fold increase in funds under management, a four-fold growth in membership, and a significant expansion of our team, growing from a single office in Brisbane to four locations across Brisbane, Sydney, and Townsville,” they said.
They also noted his pivotal role in navigating the fund’s two mergers in the last five years, namely the merger of LGIASuper and Energy Super to create Brighter Super in 2021, followed by the acquisition of Suncorp’s superannuation business (SPSL) in 2022.
“Garnett played a pivotal role in the successful merger between LGIAsuper and Energy Super, as well as the acquisition of Suncorp Super, securing a sustainable future for the fund, delivering substantial benefits to members, and strengthening the fund’s financial position,” they said.
“These achievements have left Brighter Super well-positioned for long-term growth and success.”
With Hollier’s exit, the $32 billion fund has commenced an executive search with recruitment partners Troocoo Executive Search for a new chief financial officer.
The fund also thanked Hollier for his significant work and efforts in the last decade.
“We thank Garnett for his exceptional contributions and unwavering commitment to our members, colleagues, and the fund’s vision. He will be greatly missed, and we wish him every success in his future endeavours,” a spokesperson said.
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.
Recommended for you
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.45 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
