Harry Mitchell has been appointed as Mine Wealth + Wellbeing's new chief executive and will take up the role in May.
Mitchell has 29 years of experience in wealth management, banking, and law enforcement. Most recently he was Commonwealth Financial Planning's (CFP's) general manager where he was responsible for significantly improving culture, growth, profitability, and customer satisfaction after an enforceable undertaking was put in place.
Mitchell will be responsible for driving the industry fund's next stage of growth and will start at the fund's new head office in Newcastle.
"Mine Wealth + Wellbeing is a successful and innovative business that's entirely focused on improving the overall wealth and wellbeing outcomes of the members," Mitchell said.
"The company has great potential and I look forward to working with everyone at the Fund to further innovate and drive greater value for members."
Mine Wealth + Wellbeing's chair, Grahame Kelly, said Mitchell brought exceptional business acumen and a clear sense of customer value.
"His proven ability to lead large teams, transform businesses and execute strategies imperatives will help Mine Wealth + Wellbeing further differentiate and expand," Kelly said.
"Now it's time to build on that track record and further support them with flexible, tailorable and personalised products, services, and experiences at every life stage."
Interim chief executive, Nicole Killen, will resume her role as chief governance and risk officer.
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.