Former FuturePlus managing director John Livanas will head up one of Australia’s two meat industry workers funds, but he’ll need to find a new member services manager when he arrives.
The ex-FuturePlus general manager has taken the role of chief executive officer with Australian Meat Industry Superannuation Trust (AMIST), stepping into the position on February 1 next year. Livanas replaces AMIST’s long-standing CEO, Paul Cahill, who last month started as chief executive officer at ClubPlus, an industry fund for club employees in NSW and the ACT. Cahill headed the meat industry workers fund for about 15 years. According to Kevin Cottrill, AMIST chairman, “he was there virtually from day one.” Referring to the appointment of Livanas, Cottrill said that any new investment plans would be introduced gradually. “We have a strategy laid down, and we review the plan every 18 months.” Meanwhile, Cahill has recruited Charles Sala, currently AMIST’s national member services manager, who will take on a similar role at ClubPlus from January 14. Cahill and Cottrill hired Sala into the meat industry fund two years ago. AMIST has more than $800 million under management and has been advised by asset consultant JANA for the past six years. ClubPlus has around $1 billion under management. Chair of the $12 billion superannuation entity FuturePlus, Leo Kelly, said the business was canvassing internal and external candidates to replace Livanas.
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Simon HoyleJanuary 17, 2025
