The $149 billion fund has named new directors following the departure of three outgoing board members.
UniSuper has announced the appointment of three new members to its board of directors - professor Alec Cameron, professor Hazel Bateman and Rebecca McGrath.
The new appointments follow the departures of professor Lelia Green, professor Peter Dawkins and Nicolette Rubinsztein, who all reached their term limits after nine years of service.
Namely, Cameron joins the fund with more than two decades of leadership experience, currently serving as vice-chancellor and president of RMIT University. He has also held previous senior leadership roles at universities in Australia and the UK.
Moreover, Cameron is a Rhodes Scholar and holds a PhD in robotics from Oxford University.
Bateman, meanwhile, is a professor in the School of Risk and Actuarial Studies at UNSW Sydney. According to UniSuper, she brings a wealth of expertise in superannuation, pensions, behavioural retirement and lifecycle finance.
Throughout her career, Bateman has consulted to leading global financial institutions including the World Bank and the OCED bodies in China and South Korea.
She also held the role of chief investigator and deputy director of the ARC Centre of Excellence in Population Ageing Research (CEPAR).
Moreover, McGrath brings an extensive international career in the energy and resource sectors to UniSuper’s board, including 24 years as an executive with BP in Australia, the United Kingdom and Europe.
She has also served on the board of numerous public companies including CSR, Goodman Group and Incitec Pivot, and was chairman of Oz Minerals.
UniSuper chair Gregory Mark Armour highlighted that the new directors bring a diverse skill set to the $149 billion funds board.
“We are thrilled to welcome such accomplished leaders to our Board,” the chair said.
“Their diverse backgrounds and experiences across a range of industries, will help us continue to shape UniSuper as a high performing fund which delivers for its members. Their extensive leadership experience will be crucial in guiding strategic initiatives across the fund.”
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.