Prime Super appoints two new board directors

12 January 2023
| By Rhea Nath |
image
image
expand image

Prime Super has appointed two new non-executive board directors, Gemma Dooley and Bev Durston.

The executives commenced their roles on 1 January, 2023 and would take over for Brett Lazarides and Gavin Watson, who retired at the end of 2022.

“Along with my fellow directors, I look forward to working with Gemma and Bev in the years ahead as we manage the hard-earned retirement savings of more than 135,000 members from the agriculture, recruitment, healthcare, aged care, education and other industries,” said Prime Super’s chairman, Nigel Alexander.

“It’s an exciting time to join Prime Super and the fund is in a strong position to continue delivering strong returns for our members over the medium and short terms.”

Dooley had over three decades of experience in financial services in Asia and Australia. As former CIO for Club Plus Super from 2015-2021, she managed over $3.2 billion of assets on behalf of members. 

She also held non-executive governance roles with organisations including Golf NSW and the Australian Cricketers Association and was a graduate of the Australian Institute of Company Directors and the Australian Institute of Superannuation Trustees (AIST).

Meanwhile, Durston came to the role with deep knowledge in superannuation and investments acquired over more than 30 years. She previously served as a trustee for a UK corporate defined contribution fund and had worked for governments and long-term investing institutions in Australia, the UK and Singapore. 

She specialised in alternative assets and had vast experience in risk management, investments and portfolio management across all asset classes. She was a member of the CFA Institute and Association of Superannuation Funds Australia (ASFA).

Prime Super, formed in 1996 through the amalgamation of four regional super funds, managed over $6 billion in retirement savings. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

10 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

10 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

10 months 3 weeks ago

The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones....

17 hours ago

APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers....

17 hours ago

The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members. ...

3 days 16 hours ago