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 Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.