UniSuper has announced its chief executive, Kevin O’Sullivan, will be stepping down later this year after eight years at the helm.
Commenting on his departure, O’Sullivan, said he was looking forward to stepping back and “adding more flexibility to my life, including spending more time with my wife”.
The fund’s chair, Ian Martin said: “Under Kevin’s leadership, UniSuper has consistently been recognised as one of Australia’s leading superannuation funds, ranked amongst the top five funds for investment performance, member satisfaction and advice services.
“Kevin is highly respected by UniSuper’s employees, members and university employers as well as by so many people in the superannuation sector. He has consistently ‘walked the talk’ when it comes to putting Members’ interests first. His contribution to both to the superannuation sector and to UniSuper’s success was appropriately recognised by the Fund Executives’ Association last November, when he was named FEAL Fund Executive of the Year 2020.”
UniSuper has appointed Egon Zehnder to assist with the appointment of the new CEO. O’Sullivan will continue in the role until a successor commences.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.