Australian Institute of Superannuation Trustees (AIST) chief executive Fiona Reynolds will leave her role with the industry body to take up a new role as managing director of the United Nations Principles for Responsible Investing (UNPRI) in London.
Reynolds has long been involved with the UNPRI through her role with AIST and as a committee member for the Australian Council of Superannuation Investors (ACSI).
Reynolds was appointed after responding to the UNPRI's global search for suitable candidates.
The Financial Services Council (FSC) has congratulated Reynolds on what FSC chief executive John Brogden said was a recognition of her skills and talents.
"Fiona's appointment is also recognition of the significance of Australia's superannuation system on the world stage," he said.
"I know Fiona will continue to be an advocate for our superannuation system in her new role.
"FSC looks forward to building on our strong relationship with AIST under her successor," Brogden said.
Reynolds will leave Australia in January to take up the new position in February.
AIST is currently looking for a replacement.
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month.
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super funds to better engage with members on their retirement journey.
The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
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