Rest welcomes new chair

The superannuation fund for retail workers has appointed James Merlino as chair, replacing Ken Marshman.

Merlino arrives at Rest after a 20-year career in the Victorian Government, where he most recently held the positions of deputy premier, minister for education and minister for mental health.

His other ministerial portfolios included Sport, Recreation and Youth Affairs and Disability, Ageing and Carers.

Now retired from politics, Merlino brings strong skills and experience in fiscal and economic transformation, collaborative leadership, corporate governance and stakeholder relations.

The super fund said Marshman, appointed chair in 2014, made a significant contribution to the board and Rest, steering the fund through substantial periods of transformation and growth.

"It has been a privilege to serve as the chair of the Rest board for the past nine years," Marshman said.

"Protecting and growing our members' retirement savings has remained my light on the hill, as has the diverse and changing needs of our members.

"The outgoing chair called Merlino a "fantastic addition" to the Rest board and said he will be a "tireless advocate" for members, ensuring their best financial interests continue to be at the heart of everything at Rest.

Merlino said it is an exciting moment to be joining Rest.

"Superannuation plays a vital role in the lives of all Australians, and I look forward to supporting Rest members as they trust us to grow their super.

"As the industry superannuation fund representing the largest number of Australians under the age of 35 - and a fund representing more than a million women - Rest has a unique perspective and role to play in supporting our members as they navigate the current economic challenges,' he added.

"Rest represents Australians working in a range of industries, including retail, food and logistics. These are the people who keep our community functioning. The past few years have taught us just how critical our members truly are to the economy."