Long-serving BUSSQ chair and director, Bob Lette is stepping down from his positions after three decades.
The big Queensland industry fund announced on Monday that Lette would be stepping down after 33 years on the trustee board, 27 of them as the chairman.
The fund said Lette had served on the board since its inception in 1984 and had been crucial in building it towards being a $4.5 billion fund.
BUSSQ chief executive, Linda Vickers said Lette had ensure a strong focus on delivering outcomes for the fund’s 85,000 members and 14,000 employers.
Lette steps down on 31 December with a new chairman to be announced following the fund’s December board meeting.
The fund has announced three executive-level appointments, including a new chief investment officer.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The firm has grown its wealth management team with an experienced distribution specialist.
The $36 billion fund has announced the appointment of an experienced public sector executive leader.
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