BUSSQ chief executive officer (CEO), David O'Sullivan, has confirmed he will be moving into the role of chief investment officer (CIO) at the $3 billion industry super fund.
Commenting on the move, O'Sullivan said: "The change is part of a wider succession planning strategy plus the need for some additional executive resource to help us better cover a range of functions."
O'Sullivan will take on CIO the role in October after more than 11 years as the fund's CEO. At the same time, Linda Vickers, who is the fund's chief operating officer (COO), will take over from O'Sullivan as CEO.
An executive search is underway for Vickers' replacement as COO.