Doug Carmichael has announced his retirement as chief executive of Commonwealth Bank’s Group Super offering, effective from the end of this June.
Carmichael had led the trustee services team in its service of the group super fund as CEO for the past nine years, during which had had assisted in the development and execution of strategies to achieve member satisfaction, fund growth, and member retention.
Commonwealth Bank had already commenced its search for a new CEO.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
Brighter Super has confirmed an executive search is underway to succeed its long-serving chief financial officer Garnett Hollier.
The research house has hired an experienced product specialist for its Australasian team.