AustralianSuper chair Elana Rubin has resigned from her position and will be replaced by former Reserve Bank of Australia board member Heather Ridout.
Rubin was a member director nominated by the Australian Council of Trade Unions and is also director of Mirvac Group, TAL and not-for-profit food rescue organisation SecondBite.
Rubin was chair of ARF from 1994 to 1997 and executive director of investments from 1997 to 2006.
She was a member of the Infrastructure Australia Council and Evans & Partners Advisory Board.
Ridout is former Australian Industry Group chief executive and is a member of Infrastructure Australia.
AustralianSuper manages $59 billion on behalf of two million Australians.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.