Qantas Super has appointed Suzette Thurman to the newly-created role of chief risk officer.
The fund said Thurman had over 25 years in building and implementing risk frameworks in the financial services sector and was most recently at First State Super as group executive, risk and compliance.
Thurman would start in December and would report to chief executive Michael Clancy.
Commenting on the move, Clancy said: “Thurman’s appointment reinforced Qantas Super’s continued focus on risk and compliance for the benefit of our members and follows the careful implementation of the three lines of defence risk governance model within the organisation.
“At Qantas Super exemplary governance is at the foundation of our business strategy. This regulates everything we do, including how objectives are set and achieved, how risks are assessed, how compliance is monitored, and how member outcomes are delivered,” he said.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
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.