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 3 months ago
Kevin Gorman

Super director remuneration ...

1 year 3 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 3 months ago

Governor Bullock took a more hawkish stance on Tuesday, raising concerns over Trump’s escalating tariffs, which sent economists in different directions with their predict...

7 hours ago

Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one ...

7 hours 12 minutes ago

Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns a...

7 hours 28 minutes ago

TOP PERFORMING FUNDS