Unisuper chief executive, Terry McCredden, has been named the 10th Annual Fund Executive of the Year by the Fund Executive Association Limited (FEAL), in partnership with AMP Capital.
The award recognises outstanding leadership, innovation and achievement by a fund executive within the Australian superannuation industry.
The Fund Executive of the Year Award was presented at an event in Melbourne last night, and marked FEAL's 12th anniversary as an organisation designed to foster professional development for superannuation managers.
McCredden was selected for demonstrating exemplary leadership in the areas of advice, investment management and risk management, as well as supporting UniSuper's people and culture.
"Terry has shown remarkable leadership in building UniSuper's in-house investment management capability to around $5 billion, [while] at the same time growing a very successful advice business," AMP Capital director of client, product and marketing Brian Delaney said.
FEAL Chairman Neil Cochrane said McCredden has been "committed to inspiring his colleagues with his vision of serving members better and with his ability to implement wise strategies".
McCredden was selected for the award by a judging panel of industry leaders and peers. He will also receive a $20,000 education grant to study at an internationally recognised business school.
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.