A new fund trying to break into the superannuation scene, TOMORROW Super, has appointed three executives to its newly-created advisory board, as it pursues advanced discussions with several venture capitalist firms and high net worth individuals.
Former AMP director, Peter Nicholas, MercerBell and Saatchi & Saatchi digital design lead, Ram Castillo, and Alpin Advisory managing partner, Andrew Murray, would join the board, alongside TOMORROW Super chief executive, Wes Hall, and director, David Easton.
“Andrew, Peter and Ram bring their extensive experience, network and knowledge in several fields and industries,” Hall said.
“They will guide the development of our digital capability and reach, refine our product design and assist with our capital raising activities.”
All the advisory board members would also become shareholders in the business. The fund said that the above-mentioned discussions would close out its Series A capital raise of up to $5 million next month.
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.