Naomi Edwards, former chair of Spirit Super, has been appointed a non-executive director at life insurer TAL.
Edwards would also serve on the Audit Committee and the Risk Committee.
A former partner at Deloitte, she had previously served on the boards of the Australian Institute of Superannuation Trustees (AIST), Australian Ethical Super, and the Australian Institute of Company Directors (AICD).
TAL chair, Mark Joiner, highlighted the 35 years of experience in financial services that Edwards brought to the role.
He said: “Naomi is a highly-respected leader of the superannuation and life insurance sectors focused on delivering results for all stakeholders. On behalf of the board, I extend a warm welcome to Naomi and look forward to working with her as TAL executes the next phase of its corporate strategy.”
As chair of Spirit Super until last month, she oversaw Spirit Super’s transformation from $1.5 billion funds under management 12 years ago to $25 billion today.
She was also the 2023 President of the Australian Actuaries’ Institute.
“I have followed TAL’s journey and admired its culture and corporate values and am delighted to be joining the board. I look forward to working with the Board and the executive team led by CEO Brett Clark,” said Edwards.
In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super taxes without a comprehensive tax review.
The Grattan Institute has labelled the Australian super system as “too complicated” and has proposed a three-pronged reform strategy to simplify superannuation in retirement.
Super funds delivered a strong 2024 result, with the median growth fund returning 11.4 per cent, driven by strong international sharemarket performance, new data has shown.
Australian Ethical has seen FUM growth of 27 per cent in the financial year to date.