AustralianSuper appoints Michele O’Neil as director

14 October 2021
| By Chris Dastoor |
image
image
expand image

The board of directors of industry superannuation fund AustralianSuper has appointed Australian Council of Trade Unions (ACTU) president, Michele O’Neil, as a director.

O’Neil was previously an alternate director at AustralianSuper and was a member of the ACTU Executive.

She was previously National Secretary of the Textile Clothing and Footwear Union of Australia.

O’Neil replaced outgoing director, Dave Oliver, who joined the AustralianSuper board in 2007. 

AustralianSuper chair, Dr Don Russell, said O’Neil was well placed to help the fund to continue to grow as a global investor.

“Ms O’Neil has vast experience with member-based organisations and has a deep understanding of the importance of putting members’ interests at the centre of the decision-making process,” Russell said.

O’Neil said she was looking forward to joining the board and contributing to the fund’s mission of helping members achieve their best financial position in retirement.

“Superannuation is essential to Australian workers’ long-term financial security and also a major contributor to the nation’s economic prosperity,” O’Neil said.

“It’s an important time to be joining AustralianSuper and I’m looking forward to contributing to members achieving the best financial position possible in their retirement.”

Russell said outgoing director Oliver had made an important contribution to the super system on behalf of working Australians during his tenure.

“Mr Oliver has been a tremendous advocate of the superannuation system in Australia and he has demonstrated an unwavering commitment to ensuring members have been at the heart of every decision that the AustralianSuper board has made,” Russell said.

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. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week 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 ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 2 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 2 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 3 hours ago