The Association of Superannuation Funds of Australia (ASFA) has appointed Gary Dransfield as independent chair from 23 February, 2022.
Current independent chair, Dr Michael Easson, would step down having completed two terms as chair on 22 February, 2022.
Dransfield was currently a non-executive director at the organisation and was formerly chief executive of Insurance Australia for Suncorp Group. He had also held board roles at the Insurance Council of Australia and Insurance Council of New Zealand.
Chris Davies, chair of the ASFA Nominations Committee, said the association was pleased to have made the appointment from outside the super industry as this would broaden the diversity of the board.
“Mr Dransfield’s experience in leading financial organisations and with industry associations, regulators and government will be invaluable as the board pursues its priorities.
“He is equipped with deep functional expertise in marketing, sales, distribution, corporate/government affairs, product manufacturing, operations and IT which will position him well as the superannuation industry navigates substantial changes to the global economy, industry consolidation, community expectations, regulatory frameworks and the associated complexity.”
He added: “We extend our deepest thanks to Dr Michael Easson, who has chaired the ASFA board for the past six years.
“He has made a valuable contribution during a period of significant legislative and regulatory change for the industry – providing leadership and guidance in dealing with a range of complex issues, including ensuring the voices of consumers and the broader ASFA membership are heard.”
The fund’s inaugural chief retirement officer is looking to establish a new venture.
The financial services company has made two senior appointments to its super and investments leadership team.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.