First State Super appoints two board directors

First State Super has appointed John Dixon and Philip Moffitt as board directors following the retirement, by rotation, of Bob Lipscombe and Ralph Kelly after nine years.

For the past six years, Dixon had been general secretary of the NSW Teachers Federation and had a passion for new communication technologies for members and the community.

Moffitt is the founding director of the Nexus Initiative and worked at Goldman Sachs Asset Management for 20 years in roles included partner, managing director and co-head of the global fixed interest and currency group.

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First State Super chair, Neil Cochrane, said the pair had joined the fund at an appropriate time in its history given the COVID-19 situation, the challenging investment environment and its merger with VicSuper.

“This year promises to be one of the most significant in First State Super’s long history, with our merger with VicSuper due to be finalised by 30 June, 2020 and a decision as to whether we proceed with the proposed merger with WA Super also expected by mid-year,” he said.

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