ART overhauls leadership: Two top execs depart

Australian Retirement Trust has overhauled its leadership team in a move that will see the departure of two top executives and the creation of a new role,

The newly-created chief of retirement role - which remains vacant - will focus on the execution of ART's retirement strategy and provide strategic leadership and guidance in the provision of all elements of the retirement offer, including product, investments, service model and advice.

Recruitment for the role of chief member officer is also underway, as Karin Muller will depart the fund at the end of March.

Muller - who joined QSuper in 2015 - has held several roles across information technology, transformation and member services.

The $240 billion superannuation fund's chief strategy officer, Teifi Whatley, will also leave this month after more than 20 years at ART and previously Sunsuper in roles spanning brand, marketing, technology and strategy.

Whatley will be replaced by transformation executive Stevhan Davidson.

"Teifi and Karin played a significant role in delivering our merger and our first year as ART. Their hard work, commitment and unwavering dedication to our members will leave a lasting legacy," said ART's chief executive Bernard Reilly.

Commenting on the changes, Reilly said: "As we approach our first anniversary as Australian Retirement Trust, the time was right to consider our executive structure, ensuring we're best placed to manage our expected growth and deliver on our commitment to our 2.2 million members.

"We believe our operating model will ensure we are providing market-leading support for our members up to and through retirement.

"This is an important step as we strive to empower our members to retire well with confidence."