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Sunsuper CEO steps down
Sunsuper’s chief executive Tony Lally has stepped down from his position leaving Bruce Wilson as interim chief executive.
Lally plans to pursue a career as a non-executive director.
The announcement comes following discussions over a period of time according to Sunsuper.
Lally has been with the fund for 6 years becoming chief executive in 2007.
Sunsuper grew its funds under management during Lally’s time from $11 billion to $24 billion
“Sunsuper acknowledges the hard work and commitment of Mr Lally to Sunsuper over the past 6 years, including his contribution to Sunsuper being the first superannuation fund to gain approval to operate a MySuper product,” a Sunsuper statement read.
Sunsuper chair, Graham Heilbronn said Lally’s success in the Ride to conquer Cancer, following a career as an Olympic cyclist, was a super achievement.
“Tony should be proud of his passion and commitment to cycling and this great charity and what he has helped achieve,” he said.
Lally will continue to support Sunsuper, fulfilling key roles at the Sydney and Perth Ride to Conquer Cancer events.
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