Mercer has appointed another independent non-executive director to the board of the Mercer Superannuation (Australia) Limited.
The company announced this week it had appointed former Telstra Group general manager, Sue O'Connor to the board.
It said that as a non-executive director, O'Connor would work with the existing directors to contribute to the development of strategy, monitor executive activity, ensure the robustness of financial controls and risk management systems, and to oversee ongoing compliance with the relevant laws and licensing requirements.
Confirming the appointment, Mercer managing director and Pacific market leader, Ben Walsh said he believed O'Connor would bring a high level of commercial acumen and strategic thinking to the board.
The $260 billion fund has unveiled a streamlined suite of choice investment options across superannuation and retirement products.
The $82 billion fund has appointed a new head of investment execution.
A financial services veteran has been named general manager for product at the $80 billion fund.
The fund’s chief executive is set to join the Queensland Futures Institute as its new president, commencing at the end of the quarter.
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