Equip chief executive, Danielle Press, has resigned from the superannuation fund after six years at the helm.
Press will be leaving at the end of June to take up the role of CEO at the Myer Family Company.
Equip chair, Andrew Fairley, said Press was a strategic leader who put member outcomes at the core of the fund's innovative approach.
"Over the last six years, the fund has benefited from her extensive experience in product development, risk management, distribution, and investments, along with pursuing a clear vision and an unwavering focus on the best interest of members," Fairley said.
During her time Equip executed a strategic alliance with Australian Super, and has been granted an extended public offer licence to allow the provision of trustee and investment services to other funds.
"I'd like to thank the board and my leadership team for the opportunities and support provided to me during my stewardship of Equip. Today, this fund is recognised as a progressive leader in the superannuation field, and I am proud of the contribution that I have made to that success," Press said.
Equip will search for a new CEO immediately.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.