POWERED BY MOMENTUM MEDIA
Super fund CEO to retire
Justin Arter, chief executive of Cbus Super, is to retire after almost three years.
Arter took over the role in July 2020 and helped the $73 billion fund expand via two major mergers of Media Super and EISS Super.
Cbus said the board had now shifted its attention to organic growth and member retention and Arter would retire in May.
The board had appointed chief investment officer Kristian Fok as interim chief executive as it considered an appointment for a permanent role.
"I’m enormously proud of the strides the fund has taken during my tenure and in recent years Cbus has grown strongly,” Arter said. “The successful mergers we have overseen have strengthened the fund's capacity to invest on behalf of our members and to deliver other important scale benefits for members".
Cbus chair, Wayne Swan, said: "Cbus, under Justin’s leadership, has adroitly navigated two significant mergers, successfully expanding Cbus’ funds under management, membership and industry footprint. Thanks to these successes, we are well placed to continue our journey of growth, with a renewed focus on retaining members and attracting new ones".
Calibri;mso-fareast-theme-font:minor-latin;color:#222222;mso-ansi-language:
EN-AU;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
