Prime Super welcomes new CEO

6 May 2024
| By Rhea Nath |
image
image image
expand image

Prime Super has appointed Raelene Seales as its new chief executive officer, effective 3 June 2024.

She takes the reins from former CEO Lachlan Baird, who has held the role since 2005 and led the profit-to-member fund through three mergers. He stepped down in December 2023.

Seales joins the $7 billion fund from Zurich Insurance, where her roles spanned operations, distribution, acquisitions, and strategy, both in Australia and abroad over the last eight years.

Prior to that, she served as head of advice delivery at ANZ for almost four years, where she designed, developed, and led the dealership services team for ANZ-aligned and salaried teams.

She also worked at NAB for nearly eight years, departing as general manager for advice services.

Commenting on the appointment, Prime Super chair Nigel Alexander said: “Raelene’s demonstrated leadership, strategic vision, and customer-first values align perfectly with the goals of Prime Super.

“The Board looks forward to working with Raelene as we continue to grow and protect the hard-earned retirement savings of our 140,000 members.”
 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 4 months ago

The International Monetary Fund (IMF) has issued a sobering assessment of the global economic landscape in its latest World Economic Outlook, dramatically revised after D...

2 hours ago

Growth from the listed company’s key businesses has propelled Generational Development Group to new milestones in the three months to 31 March....

2 hours ago

Sharemarkets might have been rallying on the back of central banks’ progress in the inflation fight, if not for Donald Trump’s escalating trade tensions and renewed attac...

1 day 2 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND