Pillar Administration has appointed Peter Brook as chief executive and managing director.
Brook previously held the post of chief financial officer for State Super Financial Services from October last year to May this year when he was appointed to Pillar.
Brook was also previously chief financial officer at Alinta Energy and held senior executive positions with Challenger Financial Services and MLC.
Last December Pillar Administration chief executive, Peter Beck left the fund and was succeeded by former chief executive Peter Cormack on a temporary basis while the fund looked for a permanent successor.
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.