UniSuper has announced that former Macquarie Bank Chair, Peter Warne, will join its Board as an independent non-executive Director from 1 January 2023. He will also step into the role of Chair of the over $100 billion fund’s Investment Committee.
Mr Warne, who trained as an actuary, has had a distinguished career in financial services spanning over 40 years. He recently retired as Chair of Macquarie Group after 6 years in the role and 15 years as a Director. Over the course of his career he has served on the board of a number of ASX listed and private companies, including ASX Limited and T Corp; prior to which he had a long and highly successful executive career at Bankers Trust Australia Limited, where he headed the Global Financial Markets Group.
Mr Warne’s appointment follows the announcement last month that Mark Armour will take over the UniSuper Chair role when current Chair, Ian Martin, retires at the end of the year. Mr Armour is the current Chair of the Investment Committee.
Commenting on his appointment, Peter Warne said: “I have always been impressed by UniSuper’s market leading investment capabilities and value proposition it offers its members, and I am looking forward to contributing to the Fund as an independent board member and Investment Committee Chair”.
UniSuper Chair, Ian Martin, said: “Peter is highly respected both in Australia and globally for his stellar business career, commercial acumen and values, and his personal touch. The UniSuper Board is both delighted and honoured to welcome him as a Director and Chair of the Investment Committee”.
UniSuper CEO, Peter Chun, added: “Mr Warne’s appointment to our Board and as Chair of our Investment Committee brings incredible experience, wisdom and insight which is sure to benefit the fund and our members. Members should feel assured that the appointment of a professional of this calibre to the Board is a real vote of confidence for the future of the fund.”