Colonial First State has appointed Adrian Fortescue as its head of insurance, which commenced on 1 March.
Fortescue joined from Munich Re Australia and had over 20 years of financial services and health management experience.
CFS head of superannuation, Kylie Turner said: “CFS plays an important role for members who hold insurance through their superannuation accounts.
“Last year we supported over 1,400 members paying out $179 million in insurance benefits to support individuals and families in their time of need.”
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
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.