New CEO positions the Fund for its next phase of strategic growth
Australian Retirement Trust (ART), one of the nation’s largest super funds, today announced a new operating model to drive its next phase of strategic growth.
The streamlined operating model, effective immediately, focuses on three lines of business – Investments, Workplaces and Members – driving economic value for ART’s members.
The three lines of business will be enabled by an integrated operations and delivery team, to be overseen by a new Chief Operating Officer. The new operating model is supported by specialist enterprise partners covering Finance & Strategy, People & Culture, Risk & Compliance, and Enterprise Services.
ART’s Chief Executive Officer, David Anderson, said this is a bold and timely step forward for ART to unlock efficiencies and create simplicity across the organisation, positioning ART to take a distinctive leadership position in the market and best serve the Fund’s almost 2.4 million members, as well as its more than 185,000 employer partners and financial advisers.
“Our members trust us to guard and grow their retirement savings and generate sustainable retirement incomes, a responsibility my colleagues and I take incredibly seriously. Australian Retirement Trust has an impressive legacy of accomplishments, and the time is right to now focus on our future and how we will unlock our potential and support our members to retire well with confidence.
“I strongly believe Australian Retirement Trust will be the distinctive market leader in retirement if we put our collective focus on becoming world class in four disciplines - strong investment performance, innovative retirement solutions, and excellent member and digital experiences, all underpinned by outstanding governance practices.”
The new ART Executive Committee includes the following appointments:
- Chief Investment Officer – Ian Patrick
- Chief Operating Officer – Kathy Vincent
- Chief Member Experience Officer – Simonne Burnett
- Chief People Officer – Anne Browne
- Chief Enterprise Services Officer – Julie Bingham
- Chief Financial Officer – Anthony Rose
- Interim Chief Commercial Officer – Steve McKay
- Interim Chief Risk Officer – Di Orbell
The fund also confirmed Dave Woodall, Chief Commercial Officer, will leave the organisation later this year after nine years of service to join another organisation and Lachlan East, Chief Member Officer, has decided to leave at the end of August after 12 years of service and commitment.