Major $70 billion industry super fund, UniSuper, has announced a restructure that will see both personnel changes and the creation of three new executive roles of chief technology and delivery officer, chief commercial officer and chief operating officer.
The changes were in response to the increased competition and regulation faced by players in the superannuation space, with chief executive Kevin O’Sullivan saying that “given the abundance of change occurring within both the super and the higher education sectors, our new structure will better enable UniSuper to deliver the best possible retirement outcomes for our members”.
Anna Leibel, who had led UniSuper’s technology division for over two years, would take on the chief technology and delivery officer role, which would bring together an end-to-end back office function incorporating technology, program management and fund operations.
The remaining two new roles, which would be responsible for fund strategy, product and marketing (chief commercial officer) and risk and governance, legal and finance (chief operating officer) were yet to be filled.
Both Tim Anderson, executive manager, marketing and product, and Nick Drohan, executive manager, program manager, would leave the fund in May. The remaining executives, John Pearce (chief investment officer), Julie Watkins (people), Jack McCartney (advice) and Lee Scales (chief customer officer) would remain in their roles.
The new structure would become effective in May.