Former Club Plus Super chief executive, Stefan Strano, has joined Australian Super as business lead for retirement solutions following the merger between the two superannuation funds.
The two funds completed the merger in December 2021, creating a super fund with over 2.4 million members.
Writing on LinkedIn, Strano said: “The Australian superannuation system has amassed an incredible $3.4 trillion of our savings and is a wonderful success story. With more people living longer than ever before and the idea of what ‘retirement’ means being redefined, our industry is turning more and more attention to how we can best serve members in retirement.
“I am thrilled to be joining the team at AustralianSuper and working to help members achieve their best possible financial position in retirement.”
He had worked as chief executive of Club Plus Super, which had 65,000 members, since December 2016 following almost five years at the fund as its head of marketing, brand and strategy.
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The $100 billion fund has appointed a new deputy CIO from within.
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The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.