Equip Super names new chair

Ex-Suncorp chief executive Michael Cameron is set to join the Equip Super board as chair, replacing Danny Casey who has stepped down after six years in the role.

Before his three years running Suncorp, he served as chief executive of The GPT Group and finance chief at St.George Bank Limited from mid-2007 until the sale to Westpac in December 2008.

Earlier he was head of retail and finance chief at Commonwealth Bank and worked at Lend Lease for ten years in a similar role before moving to MLC.

He is the current chair of Heritage and People's Choice, chair of Resolution Capital Ltd and Deputy Chair of icare.

Cameron oversaw the merger of the two customer-owned financial institutions - Heritage Bank and People's Choice Credit Union -in March to create a new national mutual that offers a compelling alternative to the big four banks.

Speaking on the announcement, Justine Hickey, Equip Super deputy chair noted Cameron's extensive executive experience.

"His passion and passion for profit to member organisations will steer Equip Super through the next chapter of the fund's growth trajectory," she said.

"He has led major cultural and organisational transformations, delivered value-creating growth initiatives, and implemented industry-leading technology change programs."

Speaking of his appointment, Cameron said he looked forward to joining one of Australia's oldest superannuation funds, which has been equipping Australians for retirement for more than 90 years.

"Equip Super is in a unique position in the super industry, being a mid-sized fund with a strong profit-to-member ethos and I'm looking forward to working with the board and executive team in continuing to provide excellent outcomes for our members."

Hickey thanked the outgoing chair for the "tremendous" job he has done in leading the fund through a period of substantial growth and in the successful integration of the merger between Equip Super and Catholic Super which has delivered significant benefits to members of both funds.

"Danny has provided strong leadership and has developed a fund culture that delivers the best retirement outcomes possible for members through connection and commitment. We thank Danny for his service to our fund and wish him all the best for his future endeavours."

Casey said Cameron's perspectives and guidance will help the fund continue to provide excellent outcomes for members, employers and the Equip Super team.

"I have enjoyed my time at the fund and wish Michael and all at Equip Super all the best for the future."

Over the past seven years, the fund has completed five successor fund transfers and a joint venture with Catholic Super, currently managing $32 billion in FUM for over 140,000 members.