The former GM Holden executive director of corporate affairs, Alison Terry, has stepped in to fill a position on the AustralianSuper board.
The vacancy has been left by the sudden death of director Peter Thomas.
Terry has acquired widespread management and policy experience during 17 years with GM Holden, which included a period as general council, where she was involved in high-level public policy and government relations as well as the management of legal and regulatory exposures.
Terry also has experience in financial management, marketing and international business operations.
"The challenge is to keep strengthening the board and Alison's formidable expertise is consistent with this objective," AustralianSuper Board member and chief executive of Ai Group Heather Ridout said.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.