SAS Trustee Corporation board (State Super) has appointed State Super’s ex-chief investment officer, Lisbeth Rasmussen, as its newest director.
Rasmussen commenced her four-year term last month and was CIO for the fund before she retired in 2016, State Super said.
Rasmussen had over 30 years of experience in managing large, complex funds and is currently CIO for the Coal Mining Industry (Long Service Leave Funding) Corporation, and was former director of Equipsuper and Togethr Trustees.
“I feel very privileged to join the board of State Super. My new role gives me an opportunity to use my experience of investment markets and knowledge of State Super to serve our members and stakeholders to the best of my ability,” she said.
Also commenting, State Super chair, Nicholas Johnson, said Rasmussen was appointed after an extensive search and competitive selection process.
“I am confident that her proven skills will help State Super maintain its superior investment performance and leading member service standards even in today’s highly challenging superannuation environment,” he said.
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The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.