UniSuper’s change and technology manager is leaving the $24 billion industry super fund in December, and her replacement has already been appointed.
Deborah Mikah has managed the implementation of all “change programs”, such as the Better Super initiative, and overseen the technology systems for the last five years according to UniSuper chief executive Ann Byrne. “She’s been really fantastic,” Byrne said of Mikah yesterday. “She’s been able to recruit excellent staff while she’s been here, so we’ve been able to make an internal appointment.” Mikah will be replaced by strategic analysis manager Sean Churchward, who is currently one of Mikah’s direct reports. Byrne said Mikah was leaving to take a break and was not moving into another job at this stage.
30/10/2007
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Investments
AustralianSuper's chief liquidity officer Chandu Bhindi has publicly proposed the idea of allowing some super funds to directly use leverage, enabling them to better manage liquidity requirements in crisis situations rather than being forced to sell assets at stressed prices. While the idea has some merits, overall it is not necessary and could increase system risk.
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