Martha Georgiou has been appointed chief risk officer at Cbus Super.
She succeeds Wade Martin, who departed the fund at the end of 2023 after more than a decade, including four years as chief risk officer. He has since taken up a similar role at UniSuper.
Cbus deputy CEO, Marianne Walker, welcomed Georgiou’s contribution and strategic insights to the executive team, noting the importance of the role in the current regulatory environment.
“Managing risk in a time of growth and regulatory change is critical to a super fund meeting its strategic objectives, and Cbus Super is proud of its record in this area, protecting and growing retirement savings for our members over its forty-year history,” she said.
“Martha brings to the role nearly thirty years of significant commercial and leadership experience across financial services, regulatory and government and oversight of various risk management, compliance and regulatory affairs functions.”
Georgiou joins the fund from Crown Resorts, where she was group executive general manager, compliance and regulatory affairs for over two years.
Prior to that, she was at Westpac for almost five years, including nearly two years as chief compliance officer, conduct and regulatory relationships.
Previously, she worked at NAB for fifteen years across roles in global markets, institutional banking and leading NAB’s overarching group compliance function.
She has also held roles in the public and government sector, including as a ministerial adviser for the Commonwealth Attorney General.
“I am delighted to join leading specialist fund Cbus this month, a fund in a strong position to prepare for future growth and deliver specialist member servicing,” Georgiou said.
“I look forward to bringing my experience to lead the critical areas of risk management, compliance and governance. Cbus members benefit from the fund having a strong and robust risk framework and I will be focussed on reinforcing and enhancing that framework.”
Jane Perry has been appointed non-executive director at an Australian life insurer.
The fund confirmed the change in its executive team will commence in the new financial year.
He joins the investment team as a director after a career break.
State Street has been chosen as custodian and administrator of a $30 billion super fund.
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