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legalsuper announces new chief executive
Luke Symons has been appointed chief executive of legalsuper, effective 11 April 2023.
A former CEO of financial planning at ANZ and director of advice channel performance at AMP, he brought over 25 years of experience in the wealth industry to the role.
According to legalsuper independent chair, Kirsten Mander, Symons had exhibited the “the great clarity of insight and innovative thought that he is known for” throughout the recruitment process.
“His considerable experience across member engagement, service and product innovation, digital transformation, and high-performance team leadership were all clearly demonstrated – and he brought key insights from this breadth of experience to the table during our search,” Mander said.
“He was also enthusiastic about the strategic benefits presented by legalsuper’s legal profession specialisation and the associated opportunities for innovation, agile decision-making and personalised member engagement.”
Prior to the role, Symons had served as founder and chief executive of Responsible Financial Services Group (RFSG). Before that, he had been with AMP for over two years, including as chief strategy officer and managing director of digital and new ventures.
Symons’ resume would include numerous senior roles leading and managing end-to-end businesses across both traditional and start up environments within financial services, with expertise in digital advice solutions, regulatory change, client engagement and M&A of advice firms.
In superannuation, he had a particular focus on strategy, product innovation, member engagement and digital transformation.
According to Symons, the increasing focus on Australia’s superannuation industry presented unique opportunities for innovation, growth, and member engagement.
“The superannuation sector is experiencing unprecedented attention from policy makers, industry commentators and the media at present – providing challenges and more importantly opportunities to establish clear market and service differentiation and continue developing genuine member solutions and experiences,” Symons said.
“Importantly, I look forward to working with legalsuper’s executive team and Board to continue legalsuper’s strong long-term investment performance, which has seen the fund’s MySuper returns – where the majority of members are invested – outperform the SuperRatings all fund median over 1, 3, 5, 7 and 10 years”.
legalsuper, the superannuation fund for Australia’s legal community, managed over $5 billion on behalf of more than 41,000 members.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
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