Ex-REST CEO to head Commonwealth Superannuation Corporation

REST appointment ceo Commonwealth Superannuation Corporation

5 June 2020
| By Jassmyn |
image
image
expand image

Former REST chief executive, Damian Hill, has been appointed as the new CEO of Commonwealth Superannuation Corporation (CSC) and will start in the role in July.

CSC board chair, Patricia Cross, said Hill brought depth of experience and knowledge to CSC and that his “particular customer focus” would complement the initiatives the fund had implemented over the years.

Hill said: “I am really looking forward to working at CSC. It is responsible for both defined benefit and defined contribution super schemes, and there will be significant challenges in every aspect of managing a large complex organisation like CSC.

“CSC is both an APRA and ASIC regulated organisation, and has responsibilities and accountabilities to the Government and Federal Parliament as a statutory corporation.

“There is a unique dynamic with this organisation, delivering retirement outcomes for members of the Australian Public Service and the Australian Defence Force.”

The appointment follows current CEO Peter Carrigy-Ryan’s retirement who was the inaugural CEO of the fund since 2011.

Commenting on Carrigy-Ryan’s departure, Cross said: “The board of CSC and I thank Peter for his extraordinary contribution to CSC.  Peter’s leadership, his values, his command of complexity, and his total customer and member focus will be very much missed, and we wish him all the very best in his retirement”.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

3 days 21 hours ago

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

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day 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 3 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 ...

2 days 18 hours ago

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

1 day 21 hours ago