Industry fund, Kinetic Super has announced its chief executive, Megan Bolton has departed after seven years at the role.
Kinetic Super board chairman, Frank Gullone, said Bolton decided to pursue other opportunities while the board "decided it was time to move forward under a new leadership".
"During her time at Kinetic Super, Ms Bolton led the fund through a number of strategic initiatives, including a substantial re-brand, streamlining and rationalising of three divisions into one fund, relaunching the Fund's investment platform, and building a senior leadership team," Gullone said.
The decision to depart was a mutual agreement between Bolton and the board.
Gullone said an interim chief executive would be appointed shortly.
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.