We’re committed to providing members with peace of mind.
Working with a wide range of stakeholders, we create meaningful value for members and our communities. Our diverse workforce of highly-competent and highly-motivated employees are supported by our Executive Team and Board of Directors.
Meet our Executive Team
Led by Ian Silk, the Executive team ensures that our business strategy is implemented effectively so we can achieve our goal of providing the best possible outcome for members.
'Providing members with the best possible retirement is all that matters.'
Ian Silk was appointed Chief Executive of
AustralianSuper on 1 July 2006 and is responsible for the leadership and
strategic direction of the fund and the provision of advice to the board. Ian is a Director and President of the
Australian Council of Superannuation Investors (ACSI), a Director of Industry
Super Australia and a Director of Basketball Australia. He holds a Bachelor of Economics, a Diploma
of Financial Services (Financial Planning) and a Post-Graduate Diploma in
Labour Relations Law.
Deputy Chief Executive and Chief Investment Officer
'Making sure we deliver strong long term returns to members is our goal.'
Mark is the Deputy Chief Executive and Chief Investments Officer of AustralianSuper, acting as an advisor to the board, developing and implementing investment strategies, and managing the work of AustralianSuper's investment advisers. Mark was the Chief Executive of the Superannuation Trust of Australia (STA) for three years before the merger with ARF to form AustralianSuper. Prior to AustralianSuper, Mark worked for 14 years at National Mutual/AXA, moving his way through the company from Economist to Senior Manager of Investment Services. He previously spent four years working as an economist in the Federal Department of Treasury. He is currently a Director on the IFM Investor Advisory Board. Mark has a Bachelor of Economics (Hons) and holds the Chartered Financial Analyst (CFA) designation. Mark started in the role of Deputy Chief Executive and Chief Investment Officer of AustralianSuper on 1 July 2006.
Group Executive, Strategy Brand & Reputation
'We’re focused on delivering meaningful outcomes for members and building community confidence in AustralianSuper.'
Sarah joined AustralianSuper on 1 June 2020 to lead a range of functions that set the strategic direction of AustralianSuper, manage its brand and reputation and provide data and commercial insights to inform Fund decisions. The Group also undertakes advocacy to improve member outcomes and provides members with cost-effective life insurance to help them secure their futures. Sarah previously held senior executive roles in government and the private sector, including Executive Director Communications and Stakeholder Relations at Bushfire Recovery Victoria, General Manager Corporate Affairs for Coles Group and senior leadership positions within the Federal government. After graduating from ANU, Sarah practiced as a solicitor specialising in employment law. She has a Masters of Law and attained a Global Executive MBA from the University of Sydney.
Group Executive, Member Experience
''We care about our members and employers and we’re here to help and make things easy for them."
In this role, Shawn oversees the provision of super, retirement and insurance services to members and employers with the aim of delivering the highest quality experience through all our channels. In addition to the management of the Fund’s operations function, his team is responsible for the management of AustralianSuper’s customer platforms and project delivery. These platforms help members, employers and advisers to easily access the Fund’s products and services. Prior to this role, Shawn held the position of General Manager of Operations at AustralianSuper. Shawn also has more than 18 years financial services experience with roles in operations, product, administration and sales for companies including BT Financial Group, Perpetual and has worked at the Australian Prudential Regulation Authority. Shawn holds a Bachelor of Economics, and a Graduate Diploma of Applied Finance & Investment. Shawn was appointed a Group Executive on 1 July 2013.
Group Executive, Finance and Operations
Peter is responsible for the management of finance, legal and investment operations at an organisational level, a role he commenced on 5 August 2019. Peter joined AustralianSuper in 2006 as the Head of Investment Operations where he was responsible for ensuring the investment strategy of AustralianSuper was implemented in an efficient and cost effective manner. He worked directly with the Chief Investment Officer on strategy to ensure the appropriate capability, resources and expertise is in place to meet the rapid growth trajectory of the AustralianSuper investment portfolio. Before joining AustralianSuper Peter held a number of senior roles with National Custodian Services (National Australia Bank) including the Head of Product Development and Head of Financial Reporting and prior to that with National Investment Services and County NatWest Australia Investment Limited as the Head of Corporate Services and Head of Finance and Administration respectively. Peter holds a Bachelor of Commerce from University of Melbourne and has completed his Professional Year.
Group Executive, People and Culture
'Our aim is to have an engaged workforce which consistently delivers outstanding results for members.'
Responsible for the oversight of the People and Culture function, Michele and her team are key enablers of the fund’s business strategy. AustralianSuper has grown significantly in size and complexity since its formation in 2006. Over that time, the People & Culture team has evolved to support the increasingly sophisticated people and organisational needs across the fund. Michele joined AustralianSuper on 25 July 2018 from her former position as People and Culture Leader, Pacific at Mercer - a leading financial services organisation employing over 2,000 staff. Michele has been directly involved in and led work in all areas of People and Culture at Mercer, with a focus on employee engagement initiatives, acquisitions, business partnerships and diversity. As a member of the Pacific leadership team at Mercer, as well as an Executive Director on some of Mercer’s boards, Michele has been involved in the development and monitoring of the business strategy of the organisation. Prior to Mercer, Michele was a Principal Consultant at Cullen Egan Dell. Michele holds a Graduate Diploma in Industrial Relations and Human Resource Management from RMIT.
Group Executive, Membership
'We're leveraging our size and scale to deliver a future that really matters to members.'
Rose is responsible for AustralianSuper's Membership group, which manages relationships with businesses and unions and develops the right strategies to effectively attract members today and into the future. Rose joined AustralianSuper in 2010 and became the State Manager of Western Australia, managing the merger with Westscheme in 2011. She was then appointed to the position of General Manager Growth in August 2013 before moving to her current role on 5 December 2016. She is a Director of SuperFriend – the industry fund Mental Health Foundation, and was previously a National Director at the Finance Sector Union of Australia. Rose holds a Bachelor of Economics (Social Sciences) from the University of Sydney, a Diploma of Financial Planning and is a Graduate of the Australian Institute of Company Directors (Company Directors CourseTM). Rose has also completed an Executive Leadership course at the University of Melbourne.
Chief Risk Officer
'We're focused on understanding and effectively managing risk to deepen confidence and trust in the Fund.'
Paul is the Fund’s first Chief Risk Officer. He has responsibility for the Fund’s Risk Framework including the Fund’s Risk Appetite, Risk Governance and Management Plans and Risk Culture. He is responsible for the Fund’s relationships with key regulators (in particular APRA and ASIC) and for the Fund’s Risk and Compliance team. Paul was appointed Chief Risk Officer on 28 October 2019 having joined AustralianSuper in 2007. He was Group Executive Membership from 2013-2016 before taking on the role of Group Executive Strategy, Brand & Reputation from 2016-2019. Prior to joining AustralianSuper he was the National Secretary of the Finance Sector Union of Australia. Paul holds a Bachelor of Commerce from the University of Melbourne and was awarded the Shell exhibition prize for Labour economics. He also holds a diploma in Financial Planning.
Group Executive, Technology Services
'A seamless technology service helps our people deliver great outcomes for members.’
Felicia joined AustralianSuper as the Group Executive Technology Services on 23 July 2018 and is responsible for the IT strategy and technology platforms that support and facilitate the business strategy of AustralianSuper. Her significant commercial experience is complemented by extensive technology, innovation and leadership skills. Felicia has spent over two decades working across the globe in senior roles with Deloitte, Microsoft, and Accenture, and most recently at ANZ in Melbourne. Felicia's roles at ANZ have included General Manager (Technology Australia), Global Head of Technology (Corporate Commercial Banking), Head of Strategy and Business Optimisation (Corporate Commercial Banking), and Head of Emerging Technology Labs. Her qualifications include a Bachelor of Economics from the Australian National University and post graduate studies at the University of New South Wales, Cranfield School of Management (UK) and MIT (US); and holds an RG 146 for the Superannuation Industry Certificate from AIST.
Meet our Board of Directors
Our Board is responsible for the overall governance and strategic direction of AustralianSuper. It’s their role to ensure that we meet our obligations to members, employers and shareholders – and comply with super legislation.
Dr Don Russell
Dr Don Russell was jointly appointed by ACTU Super Shareholding Pty Ltd and the Ai Group as an Independent Director of the Board on 2 May 2019. He was appointed Chair of the AustralianSuper Board on 26 September 2019. Since June 2018 Dr Russell has been a director of the Centre for Policy Development. Previous directorships include with CSIRO and Chair of State Super. Until 2018 Dr Russell was the Chief Executive of the South Australian Department of the Premier and Cabinet. Prior to that he was the Chief Executive of the Department of State Development, a role he commenced in 2014. Previous roles include Secretary of the Federal Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education; senior roles at BNY Mellon Asset Management Australia and Sanford C Bernstein, as well as a consultant to the World Bank, Bankers Trust, Westpac and as a Counsellor in the Australian delegation to the OECD in Paris. Between 1993 and 1995 Don served as Australia's Ambassador to the USA in Washington and between 1985 and 1993, and again in 1996, he was Principal Adviser to the Hon Paul Keating both during his time as Treasurer and Prime Minister. Don has a PhD from the London School of Economics, a MEc from ANU and a BEc (Hons) (First) from Flinders University as well as the Chartered Financial Analyst designation.
Deputy Chair, Member Director
Dave Oliver is a Member Director appointed by ACTU Super
Shareholding Pty Ltd. He joined the AustralianSuper Board on 1 July 2007 and
was appointed Deputy Chair in August 2014. Previous roles include Secretary of
the ACTU from 2012-2017, after serving the Australian Manufacturing Workers’
Union (AMWU) for more than 20 years, including holding the position of National
Secretary. Dave established, and is
Chair of the National Entitlement Security Trust (NEST). He has been a director
of Industry Super Australia Pty Ltd, Union Education Foundation Limited and is
a past member of the Defence Industry Innovation Board, the Future
Manufacturing Industry Innovation Council, the National Economic Reform Panel,
the National Resource Sector Employment Taskforce, the National Workplace
Relations Consultative Council and the Resources Sector Skills Taskforce Sub
Julia Angrisano is a Member Director appointed by
ACTU Super Shareholding Pty Ltd as a Director of the Board on 31 August 2017.
Julia had previously been appointed as an Alternate Director in December 2016.
Julia is the National Secretary of the Finance Sector Union, where she has held
various roles for over 15 years, and is a member of the ACTU Executive. Other
directorships that Julia currently holds include FSU Property Trust Pty Ltd,
ACTU Member Connect and is a member of the Industry Reference Committee for
Financial Services. Julia holds a Bachelor of Arts, Political Economy, from the
University of Sydney.
Gabrielle Coyne is an Employer Director appointed by the Ai Group as a Director of the Board on 31 August 2017. Current directorships include Melbourne University Publishing Limited, the Aēsop Foundation, and Ai Group Training Services. Previous directorships include Cool Australia, the Wheeler Centre, Australian Publishers Association, and Pearson Education Australia. Gabrielle was formerly the Chief Executive of Penguin Random House Asia Pacific. She holds a Bachelor of Arts in Public Relations from RMIT University Melbourne; and has completed a Trustee Director Course with AIST.
Jim Craig was jointly appointed by ACTU Super Shareholding Pty Ltd and the Ai Group as Independent Director of the Board and Chair of the Investment Committee on 2 March 2017, and has been a member of the Investment Committee since 15 June 2016. Jim has previously held a number of senior roles within Macquarie Group Limited in the resources, infrastructure and fund management areas, including leading Macquarie’s businesses in Europe from 2003–2008 and was Chairman of Macquarie Capital (Melbourne) from 2008-2014. Jim’s current directorships include Australian United Investment Company Limited and River Capital Pty. Jim holds a Bachelor of Economics and a Bachelor of Laws (Honours) from Adelaide University and a Master of Laws from the University of Melbourne.
Brian Daley is a Member Director appointed by ACTU Super Shareholding Pty Ltd. He joined AustralianSuper’s Board on 1 July 2006 and was previously a Director of one of AustralianSuper’s predecessor funds, the Australian Retirement Fund (ARF), from 1991-2006. Brian has served as an Official for United Voice from 1985-2015 including in capacities of the Union’s Victorian Secretary, National President and National Officer (Superannuation). United Voice is a long-term supporter of AustralianSuper and many of its members, including in industries like the cleaning and security, are members of AustralianSuper. Brian has been actively involved in industry superannuation since the recognition of superannuation as an industrial issue in the 1980’s. Brian is a Director of ISPT and is on the Industry Superannuation Australia Advisory Council. His industry involvement has included service as a former Director of Host Plus (1990-2015), IFS (1996-2006), AIST and ASFA. Brian holds a Bachelor of Mathematics from the University of Newcastle.
Lucio Di Bartolomeo
Lucio Di Bartolomeo is an Employer Director appointed by the Ai Group. He joined the AustralianSuper Board on 31 March 2008. Lucio is currently Chair of Australia Post, Chair of Australian Naval Infrastructure Pty Ltd, Chair of Health Infrastructure NSW and a Director of Moorebank Intermodal Company. His previous experience includes Chair of Macquarie Generation, Chair of Northwest Rapid Transit, Director of Frontier, Managing Director of ADI Limited and Country Director of Thales Australia. Lucio has held several senior positions within the transport industry including Managing Director of FreightCorp and President of the Australasian Railway Association. Lucio is a qualified civil engineer and has a Master's degree in Engineering Science from the University of NSW.
John Dixon is an Employer Director appointed on 26 September 2019. John has more than 35 years’ experience as a CEO or executive and non-executive director, predominantly within the logistics and services sector. His previous experience includes Executive Director/COO Linfox, Executive Director/COO Skilled Engineering, Managing Director Westgate Logistics, Managing Director Silk Logistics Group and Chair of a privately-owned transport company. For many years John has supported the charity Young Endeavour Youth Scheme and is a member of the scheme’s advisory board. John is a graduate of the Australian Institute of Company Directors (GAICD) and a non-executive director of the AiGroup.
Claire Keating is an Employer Director appointed by the Ai Group as Director of the Board on 1 January 2020. Claire is a chartered accountant with over twenty-five years’ experience specialising in superannuation and funds management. She was previously a partner of PricewaterhouseCoopers where she held a number of management roles including leading PwC’s Financial Services Assurance Practice in Melbourne. Other directorships that Claire currently holds include Yooralla, Victorian Managed Insurance Authority, SAS Trustees Corporation, and Charter Hall Direct Property Management Limited. Claire is a board member of the Judicial Commission of Victoria. She was previously a Director of Care Super. Claire holds a Bachelor of Business (accountancy) from RMIT, and a Diploma of Superannuation Management from ASFA & Macquarie University. In 2015 Claire became a Graduate Member of the Australian Institute of Company Directors.
Glenn Thompson is a Member Director appointed by ACTU Super Shareholding Pty Ltd to the AustralianSuper Board on 31 January 2020. Glenn was elected to the position of Assistant National Secretary of the Australian Manufacturing Workers Union (AMWU) in 2003, having previously held the role of Industrial Officer. Current directorships include The New Daily, National Entitlement Security Trust (NEST), Australian Construction Industry Redundancy Trust (ACIRT) and UCOVER. Glenn was previously a Director of Coal Long Service Leave (Coal LSL), and the Construction Industry and Property Services Industry Skills Council (CPSISC). Glenn was previously a Director of CBUS where he chaired a number of committees including Marketing and Services; People, Culture and Remuneration; and was a member of the Risk and Audit committee. Glenn is a qualified fitter and turner and has been advocating for workers both domestically and abroad for over 30 years. Glenn holds an RG 146 certificate with AIST, and has completed a Foundations of Directorship Program and a Risk Analysis, Investigation & Oversight Course with the Australian Institute of Company Directors.
Daniel Walton is a Member Director appointed by ACTU Super Shareholding Pty Ltd as a Director of the Board on 15 December 2016. Daniel was elected to the position of National Secretary of the Australian Workers’ Union (AWU) in November 2016, having previously held the positions of Assistant National Secretary and National Vice President. The AWU is Australia’s oldest and largest blue-collar trade union representing over 70,000 working men and women and their families. Daniel was elected ACTU Vice President in 2019 and is a director of ACTU Super Shareholding. Other directorships include Chifley Financial Services and the Migration Council of Australia.
Innes Willox is an Employer Director appointed by the Ai Group as a Director of the Board on 9 December 2014. Innes is Chief Executive of the Ai Group, a leading industry organisation, representing businesses in a broad range of sectors including manufacturing, construction and transport, and was appointed to this role in May 2012. His current board appointments include - Director of the Innovative Manufacturing Co-operative Research Centre, Chair of the Migration Council of Australia, Chair of the Ministerial Advisory Committee on Skilled Migration and Chair of the RMIT College of Business Industry Advisory Board. Innes served as the Australian Consul General to Los Angeles from 2006 to 2008. He was Chief of Staff to the Australian Minister for Foreign Affairs, Alexander Downer, from 2004 to 2006. Earlier, Innes held a number of private sector and government positions including Manager of Global Public Affairs for Singapore Airlines based in Singapore (2000-04). Innes began his working career as a journalist. His positions included Chief of Staff at The Age newspaper in Melbourne and Chief Political Correspondent for The Age in the Canberra Parliamentary Press Gallery. Innes was educated at Melbourne High School; Monash University (BA History and Politics); and Edinburgh Business School.
Nixon Apple was appointed by ACTU Super Shareholding Pty Ltd as Alternate Director for Glenn Thompson on 31 January 2020 and has been a Member of the Investment Committee since 1 July 2006. Nixon has served on the AustralianSuper Board as a Director and Alternate Director since 1 July 2006. Prior to that he served on the Board of STA and its Investment Committee from 1998. He brings a wealth of experience to the Investment Committee having worked as a Director at the Australian Trade Commission and the National Institute of Economic and Industry Research, along with a depth of experience with the ACTU including roles as the Industry and Investment Policy Adviser and as a research officer. Nixon is a strong advocate of industry superannuation funds. He has also been published widely on economic and industry development issues. Nixon holds a Bachelor of Arts degree (with Honours) and a Masters in Arts both from Carleton University Ottawa Ontario Canada.
Dr Peter Burn
Peter Burn was appointed by the Ai Group as Alternate Director for Innes Willox on 23 February 2015 and was a member of AustralianSuper's Investment Committee from 2009 to 2019. Peter is Director – Public Policy at the Ai Group. His responsibilities range across Ai Group’s public policy interests including environment and climate policy; taxation; innovation; infrastructure; industry policy and business regulation. Prior to joining Ai Group Peter was a Policy Director at the Business Council of Australia. He has also held a number of academic posts after beginning his professional career in the Commonwealth Treasury. Peter has a Bachelor of Economics from the University of New England and completed a PhD in Economics at the University of New South Wales.
Brad Crofts was appointed by ACTU Super Shareholding Pty Ltd as an Alternate Director for Daniel Walton on 15 December 2016. Brad is a member of AustralianSuper's Investment Committee and Finance & Audit Committee. Brad has an established consultancy practice and previously served as AWU’s nominee to the board of Prime Super between 2010 and 2013 both as deputy chairman and chair of its Investment Committee. Prior to this he spent many years as a policy maker with both the Victorian and Commonwealth Governments and as economist with the AWU. Brad has a Bachelor of Economics (first class honours) from the University of Queensland, he holds a certificate of Foundations in Trustee Governance with AIST, and is a Graduate Member of the Australian Institute of Company Directors (GAICD).
Peter Cozens was appointed by ACTU Super Shareholding Pty Ltd as Alternate Director for Glenn Thompson on 31 January 2020. Peter is currently the National Executive Officer of AMWU, having previously held a number of roles at the AMWU, including the position of National Administration Officer, National Finance Officer and National Research Officer. Prior to joining the AMWU, Peter was the National Research Officer of the Printing and Kindred Industries Union (PKIU). Peter is currently a Director of The Creative Works and is a member of the Finance and Risk Committee of Union Aid Abroad-APHEDA. He was previously Deputy Chair of the National Parent Childhood Council.
Anne Flanagan was appointed by the Ai Group as an Alternate Director for Lucio Di Bartolomeo on 26 October 2015 and is a member of the Finance & Audit Committee. Anne is a Chartered Accountant with over 20 years’ experience in accounting and financial and general management both in the UK with KPMG and Price Waterhouse, and in Australia with ANZ Banking Group and RACV. Previously Anne was a Superpartners Director and Chair of the Audit, Risk and Compliance Committee from 2006 to 2010. She was the Chief Financial Officer of RACV from 2001 to 2019 and a Trustee Director of the RACV Superannuation Fund from 2006 to 2009. Anne is a director of the Navy Health Board and the Lyceum Club Board. She is a member of the National Executive of the GlOO, the peak body for CFO's. She holds a Bachelor of Science from the London School of Economics.
Sheena was appointed by the Ai Group as Alternate Director for Gabrielle Coyne on 25 January 2018 and is a member of the Finance & Audit Committee. Sheena is a chartered accountant and chartered tax advisor with almost 30 years’ experience in the financial services industry with a particular focus on the superannuation and funds management sectors. Her expertise includes financial governance and risk management and an understanding of superannuation member engagement and international investment. She was previously a senior partner of KPMG Australia until 2014 and a Director of MannaCare Inc until April 2019. Sheena holds a Bachelor of Accountancy and a Higher Diploma in Tax Law, both from the University of the Witwatersrand. Sheena is a graduate of the Australian Institute of Superannuation Trustees and holds an RG146 for the Superannuation Industry.
Carmen Pace was appointed by ACTU Super Shareholding Pty Ltd as Alternate Director for Julia Angrisano on 31 August 2017 and is a member of the Finance & Audit Committee. Carmen is the Manager Operations at the Victorian Building Authority, and a Councillor on the Eastern Metropolitan Regional Council Adult & Community Further Education Advisory Board. Carmen was previously the Operations Director at the Australian Council of Trade Unions. Previous board positions include Melbourne Organisation for Business and Enterprise. Carmen holds a Masters of Business Administration from Swinburne University.
Heather Ridout was appointed by the Ai Group as an Alternate Director for John Dixon and as a member of the Investment Committee on 26 September 2019. Prior to this Heather was a Director of the AustralianSuper Board since July 2007 and Chair from April 2013 to September 2019. Heather is a company director with a long history as a leading figure in the public policy debate in Australia. She is a Director of Sims Limited and ASX Ltd. Other appointments include member of the Boards of: the Australian Chamber Orchestra and the Advance Global Advisory Board. Heather has been a delegate to the B20, the key business advisory body to the international economic forum which includes business leaders from all G20 economies. Her previous appointments include: board member of the Reserve Bank of Australia, member of the Henry Tax Review panel, board member of Infrastructure Australia, Australian Workforce and Productivity Agency, Climate Change Authority, member of the National Workplace Relations Consultative Committee, and the Prime Minister’s Taskforce on Manufacturing. In 2014 Heather was made an Officer in the general division of the Order of Australia. She holds a Bachelor of Economics (honours) from the University of Sydney and has been awarded an honorary Doctor of Business from Macquarie University and the University of Ballarat.
Jo-anne Schofield was appointed by ACTU Super Shareholding Pty Ltd as Alternate Director for Brian Daley on 12 December 2019. Jo-anne is currently the National President of the United Workers Union and ACTU Vice President, having previously held a number of roles at the United Voice Union (and its predecessor union, the LHMU) including the positions of National Secretary and President. Prior to joining United Voice Jo-anne was Executive Director of Catalyst Australia, and was Manager Superannuation Legal and Executive Services in the NSW Department of Premier and Cabinet. Jo-anne is currently a Director of the ACTU Member Connect Board. Previous directorships include a Ministerial appointment on the NSW TAFE Advisory Board, the Australian Retirement Fund, and was Deputy Chair of the Property Services Industry Training Board. Jo-anne holds a Bachelor of Arts (Hons) from the University of NSW.
George Stamas was appointed by the Ai Group as Alternate Director for Innes Willox on 1 January 2020 and has been a Member of the Member & Employer Services Committee since 2012. He has over 40 years’ experience in corporate governance, corporate social responsibility, financial management, and large-scale business development and expansion. He has held senior corporate roles with Mayne Nickless, Electrolux & Tempo services. He is a current Director and former National President of the Building Service Contractors Association of Australia (BSCAA), Director of Facility Management Association of Australia, a Fellow of the Australian Institute of Management, and Member of the Australian Institute of Company Directors. Since 1987 George has held the position of Managing Director at GJK Facility Services and Director of GJK Indigenous Solutions. He is also a member of numerous community and charitable organisations. George holds a Diploma of Marketing from the Australian Institute of Management.
Russell Maddox has been a member of AustralianSuper’s Investment Committee since 15 July 2014. Russell is an experienced investor who has experience across a range of asset classes. Russell was the Chief Investment Officer at Merrill Lynch/BlackRock Investment Management (Australia) Ltd from 2004 to 2012 responsible for managing multi-asset portfolios within BlackRock. He joined BlackRock in 2000 as the Head of Australian Fixed Income and moved to London in 2001 to head up the Global Fixed Income team for Merrill Lynch. Prior to this Russell worked at Macquarie Investment Management in various investment roles and Credit Suisse First Boston as the Head of Fixed Interest Research. He also worked as an economist for various banking institutions before moving into investment related roles with fund managers. Russell began his career with the Australian Commonwealth Treasury in Canberra after obtaining an Honours Degree in Economics from Monash University.
Clifford Rosenberg was appointed a member of the Technology Committee on 12 March 2020. He was previously a consultant on the AustralianSuper Technology Advisory Panel from 2017-2019. With over 30 years’ experience in the digital industry, Cliff was until recently the Managing Director of LinkedIn ANZ and SE Asia, a role he held since 2009. Prior to this he was the managing director of Yahoo! (ANZ) and the founder and managing director of iTouch (ANZ). In addition to his executive experience, Cliff is on the board of several listed companies, namely: BidCorp (JSE), A2B Australia Limited (ASX), Nearmap (ASX) and TechnologyOne Limited (ASX). Cliff holds a Master of Science in Management from Boston University / Ben Gurion University, Israel; and a Bachelor of Business Science from the University of Cape Town, South Africa.
Careers at AustralianSuper
Join a talented and dedicated team as our organisation continues to grow.
Our story began more than 30 years ago, with the creation of universal superannuation for all Australians. Since then, we’ve grown into Australia’s largest industry super fund – an advantage we use on behalf of our members every day.
The AustralianSuper Board operates within an appropriate governance framework that is well maintained.
Nomination, appointment and removal of Directors
Our Board is made up of equal numbers of Directors representing members and employers. Independent Directors may also be appointed. Our Member and Employer Directors are appointed by the Trustee’s shareholders. The shareholders are the Australian Council of Trade Unions (ACTU) (through ACTU Super Shareholding Pty Ltd) and the Australian Industry Group (Ai Group). The ACTU is Australia’s peak union body and the Ai Group is Australia’s peak employer association. All appointments are subject to board ratification. Directors are appointed for a term of no more than three years, but can be reappointed at the end of the three-year term.
A number of Alternate Directors are also appointed. The Alternate Directors can represent a Director who can’t attend a Board meeting and they may also be a member of Board Committees. Each Director must meet the propriety and fitness standards outlined in the Fit and Proper Policy before their appointment is finalised and on an ongoing basis.
Directors can be removed if they no longer satisfy
legislative or other requirements. This may occur if the director is convicted
of a dishonesty offence, is insolvent or disqualified under applicable
More information on
the rules of appointment and removal of Directors can be found in the
Governing rules/Trust Deed
AustralianSuper seeks to maintain the highest standards of fund governance and control. Good governance requires strong control mechanisms that encourage good decision making, accurate and timely execution of decisions, clear and effective accountability, regular review and assessment of governance policies and procedures and transparency. You can read more about our governing rules in the AustralianSuper Trust Deed.
Finance and audit committee
Chair: Claire Keating
Members: Brad Crofts, Peter Cozens, Anne Flanagan, Sheena Kay, Carmen Pace
Chair: Jim Craig
Members: Nixon Apple, Brad Crofts, Brian Daley, Russell Maddox, Heather Ridout,
Don Russell, Innes Willox
Member and employer services committee
Chair: Brian Daley
Members: Julia Angrisano, Gabrielle
Coyne, John Dixon, Jo-anne Schofield, George Stamas
People and culture committee
Chair: Innes Willox
Members: Gabrielle Coyne, Brian Daley, Dave Oliver, Don Russell
Risk and compliance committee
Chair: Lucio Di Bartolomeo
Members: Claire Keating, Don Russell, Glenn Thompson, Daniel Walton
Chair: Daniel Walton
Members: Gabrielle Coyne, Russell Maddox,
Dave Oliver, Cliff Rosenberg
Policies and disclosures
The following policies and disclosures assist in managing our governance responsibilities.
Code of Conduct summary
AustralianSuper has a Code of Conduct for Employees and Directors which articulate the standards of behaviour expected of them. Employees and Directors of AustralianSuper are expected to carry out their duties and responsibilities professionally and ethically. Our Code of Conduct Summary provides a brief overview of the standards.
Conflicts of interests management
AustralianSuper’s Conflicts Management Policy addresses the
identification, disclosure, recording and management of conflicts. Conflicts of interest (actual, potential or
perceived) may arise where our employees, Directors or Responsible Persons hold
interests in or owe duties to other entities in addition to those owed to the
Trustee, AustralianSuper and its members. Our Conflicts Management Policy sets out how
we manage conflicts of interests, ensuring that we act in the best interests of
our members and beneficiaries. As part
of our conflicts management processes, we also maintain a Relevant Interests
and Relevant Duties register and a Gifts &
Entertainment register. Read a summary of our Conflicts Management policy.
Remuneration policy and disclosures
As an industry superannuation fund, AustralianSuper is run only to benefit members. Our remuneration practices reflect our members-first core value and the need to resource the fund to provide quality benefits and services to members. You can read a summary of our remuneration policy and disclosures in our Annual Report.
Board diversity and skills
The Trustee of AustralianSuper has approved a Board
Diversity Policy which sets out how it will achieve an appropriately diverse
Board, including the establishment of measurable objectives for achieving
gender diversity. This Policy is
consistent with the AustralianSuper's Diversity and Inclusion Strategy for
staff which seeks to support the vision of having ‘an engaged workforce which
consistently delivers high performance’.
AustralianSuper recognises the benefits of having a diverse
Board. A diverse Board membership will include and make good use of differences
in the skills, experience, background and other characteristics of Directors
and thereby facilitate consideration of a broader range of opinions in
decision-making and enhancing Board performance.
The Board is conscious of the need to increase the number of
female Directors on the Board and has targeted this as its current diversity
focus at Board level. The Board will use its best endeavours to comprise at
least 40% of each gender on the Board by 2023.
of gender balance at Board, Executive and Management level at AustralianSuper
are provided in the Annual Report to members.
Reporting made by AustralianSuper to the Workplace Gender Equality
Agency under the Workplace Gender Equality Act 2012 is also available here.
A collective representation of the Board’s skills can be
found here.The Board Skills Matrix sets out the key
skills and experience that the Board is looking to achieve in its membership
and the number of Directors with each skill / experience.
Further details about the experience and background of all
our Directors is available here.
Board evaluation policy
The Trustee of AustralianSuper recognises that Board
evaluation is an important governance tool which fosters discussion on whether
the Board is meeting its objectives, is performing well overall and is
continuing to successfully deliver on its primary objective of maximising members’
Our Board Evaluation Policy requires the Board to formally
consider whether it is meeting the objectives that it has set for itself collectively. Part of this process includes consideration
of the Board’s overall skills and culture.
The evaluation process also includes an assessment of how individual Directors
have performed each year. An internal evaluation
process is undertaken annually under the leadership of the Board Chair and an
external independent review is undertaken every third year (at a minimum). The process for assessing the performance of
the Board and Directors may include face to face meetings between Directors and
the Chair (and the external consultant where an independent review is
undertaken), the completion and evaluation of self-assessment questionnaires,
group discussions and meetings with the Chairs of each Committee and the Chair
of the Board (or a combination of these processes).
Board evaluation at AustralianSuper gives all Directors the
opportunity for constructive feedback which assists the Board as a whole and Directors
individually to improve their ability to contribute to the work of the Board. The Board discusses the outcomes of each performance
review and uses this information as the basis for considering how it can add
further value to the performance of the Board. The Board evaluation process also
allows the Board to identify opportunities to address knowledge gaps in broad
and specific areas and to identify skill and experience requirements it may
need in the future.
The annual Board evaluations for the period
ended 30 June 2020 have been completed. Performance evaluations for senior
management have also been completed for this period.
For our related party disclosures refer to our Financial Statements under the "Reports" tab above.
The Ethics Centre
In 2016, The Ethics Centre conducted a review of our culture. The primary objective was testing whether our policies, procedures and day-to-day practices align with our purpose, values and principles.
Pleasingly, the review found a positive and constructive culture, aligned to our purpose, values and principles. They also found our overarching principle - ‘members first’ - is well understood, powerful and practical in guiding our organisation.
Male Champions of Change
We’re working to embed Male Champions of Change insights into our culture, with practical actions to identify and eliminate everyday sexism and create a better workplace for all.
Some examples of these actions include:
Asking people to listen to and respect women’s voices in meetings
Expecting that men and women equally share in cleaning work areas, taking notes in meetings, getting coffee
Normalising flexible working to enable men to share in parenting
Removing assumptions and judgements about how women and men value or prioritise their career and family
The Male Champions of Change (MCC) initiative, established in 2010, brings together groups of male leaders to achieve change on gender equality issues in their organisations and communities.
To us, membership means more than an annual statement. We’re here to help you get the most from your money — today and tomorrow. We’re committed to giving you the peace of mind you need to enjoy life today, knowing your savings are being managed by a super fund that delivers.
We’re also committed to keeping members up to date, sharing our knowledge and connecting with the wider community. We communicate through a variety of communication channels, offering annual member briefings across the country and education seminars.
AustralianSuper seeks to advocate sustainable and equitable public policy in superannuation and financial services. To this end we engage in advocacy liaison and write public submissions to Government and Regulators such as APRA, ASIC and the ATO. We also work in industry associations such as Industry Super Australia, Australian Institute of Superannuation Trustees, Association of Superannuation Funds of Australia, and on occasion the Financial Services Council and the SMSF Association.
From time to time, we run TV ads to communicate with members and the public. It’s a cost effective way for us to communicate with hundreds of thousands of people at the same time. Advertising helps us to inform people about our product and service offerings, retain our current members and attract new ones. When we attract new members, we grow. This allows us to keep our fees as low as possible. Low fees mean less money coming out of our members’ accounts and more money accumulating for their retirement. We think it’s a win-win situation!
When you join AustralianSuper, you’re not just a member – you’re a part owner in more than $142 billion worth of investments all around the world. Watch our latest TV ad or check out our YouTube channel.
Each year we set aside a modest budget for sponsorship opportunities that resonate with our values and objectives. We’ve already allocated our sponsorship spend for this year. Check out some of the things we’re involved in.
Financial Literacy Australia Awards
The Financial Literacy Australia (FLA) Awards celebrate the outstanding achievements of organisations and individuals working to improve Australia’s financial literacy. FLA’s focus is on encouraging people to change their behaviour to achieve a better outcome. It’s a theme that’s close our hearts! We’re a category sponsor of the FLA awards.
Big super day out
Super is a hot topic in the Aboriginal and Torres Strait Islander community. Financial literacy is a major cause of social exclusion for Aboriginal and Torres Strait Islanders and it’s estimated that one in four members of the community are either fully or severely financially excluded. The Big Super Day Out, held in Sydney and Melbourne each year, is a fun day of entertainment, free BBQ, activities, giveaways and an opportunity to help the Aboriginal and Torres Strait Islander community to sort out their super by providing support and advice. Not only do our staff volunteer at the events but we’re the official sponsor of the onsite café as well.
Women in super
Australian women are still earning less than men — and the difference adds up. On average, Australian women retire with half the amount of savings that men do. Women in Super (WIS) is a not for profit national organisation founded by women working in the all-profit-to-members super sector. We’re a proud partner of WIS, who shares our commitment to improving retirement outcomes for women. WIS works towards this goal through research projects and advocacy campaigns.
Foundation for Young Australians
The Foundation for Young Australians (FYA) is an organisation that works with young people across Australia to help them unlock their potential. The FYA team believe that young people aren’t a problem to be helped or solved, but rather a generation with a social conscience, who are also ambitious, creative and capable of rethinking the world and solving tomorrow’s problems today. We’re pleased to support the FYA in the work they’re doing to build a better tomorrow for young Australians.
Reconciliation and AustralianSuper(1)
As Australia’s largest Industry super fund, we acknowledge our role in supporting an inclusive and diverse nation, where the cultural backgrounds of all peoples are recognised and respected.
We understand that financial literacy is a major cause of social exclusion for Aboriginal and Torres Strait Islander Australians, and are committed to making a difference in this space.
AustralianSuper’s Reflect Reconciliation Action Plan (RAP) was our first step in the journey towards building a tomorrow we can all be proud of.
The report below provides an overview of the initiatives that have been introduced as part of our Reflect RAP, to support our ATSI members and build relationships with the ATSI business community and service providers.
We look forward to embarking on the next phase of our Reconciliation journey with the introduction of the Innovate RAP in 2019.
For media enquiries please contact:
Stephen McMahon, Head of External Relations
Ph: 03 8648 3828 | Mobile: 0407 507 415
For all other enquiries, contact us via email.
To investigate the mounting evidence surrounding the gender gap in superannuation, AustralianSuper has commissioned research by Monash University, resulting in a report entitled, ‘The Future Face of Poverty is Female: The stories behind women’s superannuation poverty in retirement’.