Industry fund Prime Super has appointed its first member to its board of directors following its merger with health-based fund HIP earlier this year.
The fund announced it has appointed St Vincent's Private Hospitals' CEO Martin Day to the board, bringing the number of independent directors on the board to four.
Day was previously CEO of St Vincent's Private Hospital Melbourne for 11 years, and previously held senior positions with Mayne Health in Victoria, Western Australia and Tasmania.
Along with the four independent directors, Prime Super has one Australian Workers Union, and one employer nominated (National Farmer's Federation) director.
Chairman of Prime Super Alan Bowman said the fund will be adding more independent directors on the board, which will include more people from the health and aged care industries in the short term.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.
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