ART CEO to depart

Australian-retirement/QSuper/Sunsuper/

7 September 2023
| By Laura Dew |
image
image image
expand image

Bernard Reilly, chief executive of Australian Retirement Trust (ART), is to depart the fund in February 2024.

Reilly was appointed to lead ART in March 2021 and the fund was formed in February 2022 from the merger of QSuper and Sunsuper. 

He was previously chief executive at Sunsuper from 2019.

ART is Australia's second-largest super fund with 2.3 million members and $260 billion in assets under management, second only to AustralianSuper. 

In a statement, the fund's chair Andrew Fraser said: "Bern will leave an incredible legacy, having played an integral role in delivering Australia’s largest superannuation merger to create Australian Retirement Trust back in February 2022.

“Bern has expertly guided Australian Retirement Trust to deliver merger benefits to our more than 2.3 million members and grow funds under administration to more than $260b. But I think the thing Bern should be proudest of, and a true testament to his leadership capabilities, is the culture he has helped grow across our organisation.”

ART has appointed Egon Zehnder to commence a global executive search for a new CEO.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS