TWUSUPER chief executive, Paul Sayer, has resigned from the post, the industry super fund announced.
After less than a year in the role, Sayer left due to issues with commuting to and from Sydney and Melbourne.
TWUSUPER chairman, David Galbally, said "with the fund's head office based in Melbourne and Paul's family and interests outside of work based in Sydney the demands of commuting, along with the travel involved in the role, proved difficult."
Former CEO, Bill McMillin, will return to the role he resigned from also after less than a year for personal reasons.
"The board is pleased that Bill, who has been assisting myself and the Board in a consulting capacity, has agreed to return to the role of CEO in a full-time capacity," Galbally said.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
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.