First State Super appoints chief risk officer

First State Super has appointed Jane Couchman as its chief risk officer to oversee the fund's risk and compliance division and work with Government regulators.

In an announcement, the fund’s chief executive, Deanne Stewart said the fund’s highest priority was to preserve the trust of its members to protect and grow retirement savings and strong governance culture effective risk exposure management was key to this.

“Jane is one of the most respected risk management executives in the financial services sector and we are delighted she will be joining us in this critical role,” Stewart said.

Couchman would start the role in May and would replace Suzette Thurman who stepped down form the role of group executive risk and compliance in October.

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Couchman was most recently at the Commonwealth Bank where she was responsible for leading the bank’s compliance function globally.

Prior to this she was Macquarie Bank’s global chief operating officer, compliance and head of enterprise compliance.