NSW Government-owned super member administrator, Pillar Administration, had a new chair from June 18.
The former director-general of the NSW Premier’s Department, Col Gellatly, took over from Bob Walker, who it’s understood had chaired the NSW Government-owned organisation since before it changed its name from SAC to Pillar in 2001. Pillar directors are appointed and removed at the behest of Pillar’s ‘shareholder’ ministers – currently Commerce Minister John Della Bosca and Treasurer Michael Costa. The chief executive of Pillar, Peter Cormack, was unavailable for comment at presstime.
26 June 2007 00:00
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Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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