Australia’s largest pension fund has announced two new group executive roles with the appointment of Paul Schroder as the fund’s chief risk officer and Peter Curtis as head of finance and operations.

Schroder has held several senior positions at the $170 billion superannuation fund since joining in 2007. Most recently, he was head of strategy, brand and reputation and led AustralianSuper’s response to the banking royal commission.

Curtis will take up the role of group executive – finance and operations following the retirement of Tony Cavanagh head of risk and compliance after a 12- year career with AustralianSuper.

Curtis joined the superannuation fund shortly after its inception in 2006. The role incorporates his previous responsibilities and a number of other group functions

Sarah Burley, will take on Schroder’s role in an acting capacity.  She has worked at the fund since 2006.

Chief executive Ian Silk, said the new appointments put the super fund in a fund in a strong position to continue to deliver for members and prepare for its next phase of growth. Silk earlier said he expects the fund’s portfolio to double in value to $300 billion by 2024.

“AustralianSuper is committed to continuing to generate strong performance for members and these appointments will ensure we can deliver on our mission of helping members achieve their best possible retirement outcome.”