City Super, the $1.4 billion Brisbane City Council fund, has appointed its CEO who has been acting in the position since October last year.

Karen Gibson was acting CEO due to the ill-health of the previous CEO, Ian Prowse, who resigned recently.

At the same time as Gibson’s appointment, Stuart Meekin — who had been risk and compliance manager — was appointed fund secretary.

Gibson has worked previously with Mercer and Suncorp, and was CEO of ESI Super.

After leaving ESI Super, Gibson travelled and worked in Cambodia, working on microfinancing and providing management guidance to a school for disabled youth.

City Super’s chair, Ron Curtis, said the fund was pleased to appoint a CEO with Gibson’s experience. “Considering the challenges for super funds, Karen’s appointment is timely as we continue to improve our member services and seek cost-effective growth.”