Sunsuper confronts lack of board diversity

Sunsuper has improved the gender and geographical diversity of its board with the appointment of the Sydney based Elizabeth Hallett as an employer representative.

Hallet has been a partner with international law firm Norton Rose Fulbright for 22 years practising in corporate advisory, private equity, and mergers and acquisitions, she also has board experience most recently as a member of the Takeovers Panel.

She replaces Peter Annand as one of three Chamber of Commerce and Industry Queensland directors on the Sunsuper board.

Within the industry, the Sunsuper board has been a talking point for its lack of geographical diversity and for the lack of a female board member.

Only last week, the Australian Institute of Superannuation Trustees highlighted that women constitute only 22 per cent of members on superannuation boards, a figure it wants to see rise to 40 per cent.

Sunsuper chair Ron Monaghan said Hallett’s skill set was a perfect fit for the board.

“Each of the directors’ vast experience in their respective fields will prove invaluable as we move forward with plans to grow the Fund and expand Sunsuper’s footprint,” he said.

Ms Hallett said she looked forward to taking Sunsuper to the next stage of its development.

, , , , , ,

Leave a Comment

Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

Sort content by