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 $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.