ANZ has announced Ross Bowden will step down from his role as general manager of superannuation and investments, with Craig Brackenrig to commence the role later this month.
Brackenrig will be responsible for all of ANZ’s core superannuation, investment and retirement solutions, as well as handling the development of existing and new platform offerings.
He has over 25 years of experience in the industry, and most recently worked internationally for Aviva as financial director of the Asia Pacific region.
Brackenrig commence his role on 18 April and will report to ANZ Wealth managing director John Van Der Wielen.
“Craig’s strong record in managing large-scale technology and business change will be a valuable asset for ANZ as we develop and implement next generation investment and platform solutions for our customers,” said Van Der Wielen.
ANZ stated that Bowden decided to leave the business after more than 20 years working across RetireInvest, Mercantile Mutual, ING Australia and OnePath.
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.