By Muskan Arora
The $330bn
Australian Retirement Trust promoted Phil Fraser to its chief finance officer. He will take office in October.
Fraser will
be replacing Anthony Rose, who has decided to explore other opportunities.
Fraser
started working at ART in 2018 as a CEO of ART Life.
To take
over Fraser’s previous role, Matthew Finney has been appointed as interim chief
executive officer.
“In an
evolving superannuation landscape, Phil is the right appointment to lead and
enable our Finance & Strategy teams to reach their full potential and
support great retirement outcomes for our almost 2.4 million members,” said
David Andersen, the CEO of the fund.
Prior to
joining the pension fund, Fraser worked at Great Southern Bank for almost eight
years where he held the role of CFO for three years.
He then
moved up to the role of chief operating officer and CEO private health insurer for
almost five years.
Following
an organizational shakeup, the super fund recently promoted Justin Lo as the
head of exposure management, Greg Hall as the asset allocation lead and Zoe
McHugh as the head of portfolio design.
In July,
the super fund entered into an agreement with Qantas Super that “will see ART
welcome Qantas Super’s 26,000 members and approximately $9 billion in funds
under management”.
ART Chair
Andrew Fraser stated that the merger would allow Qantas Super members to
benefit from a range of quality products and services for competitive fees and
insurance premiums, as per the press release.
