Legal industry superannuation fund, legalsuper, has appointed Law Institute of Victoria chief executive, Adam Awty, to its board as director.
Awty would replace Ashurt partner, Geoff Hone, who retired on 31 March after 11 years as a legalsuper director.
Kirsten Mander, legalsuper independent chair, said Awty’s appointment continued the important link all directors of the fund had with the legal sector, as well as expanding the financial and commercial expertise on the board, at a time when scrutiny and change across the entire financial services system had never been greater.
“Adam’s role as chief executive of the Law Institute of Victoria centres on meeting members’ expectations through the highest standards of professionalism and service delivery – a direct alignment with legalsuper’s own role in managing the retirement savings of Australia’s legal community,” Mander said.
“Adam also brings additional strong governance credentials to legalsuper through current and previous positions on statutory authority boards and audit and risk committees.
“We regard this as a vital attribute, in keeping with legalsuper’s recognised excellence in corporate governance.”
Andrew Proebstl, legalsuper chief executive, said: “At a time when superannuation has become the subject of daily media commentary covering material issues such as reform, performance, mergers and regulation, we look forward to Adam contributing valuable experiences and insights to board discussions and deliberations”.