City of Canterbury general manager James (Jim) Montague will replace John Beacroft as director on the board of Local Government Super.
Montague's 48 years of local government experience includes 31 years as general manager of one of NSW's largest councils — Canterbury.
He was awarded the Public Service Medal in the 2006 Queen's Birthday Honours.
"Jim brings to the Board an unrivalled track record of service in local government and I'm certain we will benefit from his extensive experience and his intimate knowledge of local government," chair of Local Government Super Bruce Miller said.
Miller thanked Beacroft for the contribution he made to the fund over the last five years.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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