Cuffe steps down as UniSuper chair

unisuper boards departure

10 May 2017
| By Staff |
image
image
expand image

UniSuper director, Ian Martin is stepping up to the position of chairman, effective 1 July, replacing the outgoing Chris Cuffe who is retiring after more than a decade on the board of the industry fund.

Cuffe would step down from the role as chairman at the close of the financial year. UniSuper chief executive, Kevin O’Sullivan, said Cuffe had placed the superannuation fund in a solid position since assuming the position in 2011.

“There has been extensive change within our fund and the broader industry over the last decade and we are in a much stronger position today due to Chris’ guidance and oversight,” he said.

“Chris has guided the board through a transformative time within the business and we have benefitted enormously from his wealth of experience, insight and leadership.”

Incoming chairman, Martin joined the UniSuper board as an independent director in April 2013. His director position would be filled by former Invesco and AXA Australia executive, Mark Armour.

Martin formerly held positions with BT Financial Group and Bankers Trust Corporation and is the current chairman of Argo Investments Limited, Argo Global Infrastructure Limited, and Wayside Chapel Foundation. He also holds the position of vice chairman, Asia-Pacific of Berkshire Capital.

“I am very much looking forward to the opportunity to chair the UniSuper board and am honoured to be appointed to the role,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 hour ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 6 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 4 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 7 hours ago