Leeanne Turner, AvSuper chief executive officer, will exit the retirement plan before the end of the year to take a senior role at another industry fund.

Turner will leave the $1.1 billion aviation and air services superannuation fund to join the trustee team of the Motor Trades Association of Australia (MTAA) super fund, I&T News understands. She will begin her tenure at MTAA early next year after taking some time off on leave. MTAA, which has $5.7 billion in funds under management, is still searching for investment managers to lead its public and private markets portfolios. The fund was unavailable for comment at press time. Meanwhile, AvSuper is reviewing its global fixed interest mandate with Loomis Sayles, valued at more than $100 million, as part of the fund’s ongoing review of allied investment managers, David Leggo, AvSuper chairman, said. “;We review each asset class on a regular basis,”; Leggo said. The fund has begun placing advertisements for a chief executive to replace Turner.

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