As part of the changes, there will be a newly created Chief of Retirement role to 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.

Commenting on the changes, Chief Executive Officer Bernard Reilly said: “As we approach our one-year 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.

“Our vision is to be Australia’s most chosen and trusted retirement partner, and we believe this structure will align our business to deliver on this and set us up for continued success into the future.”

The executive team:

• Chief Executive Officer: Bernard Reilly
• Chief Commercial Officer: Dave Woodall
• Chief Financial Officer: Anthony Rose
• Chief Investment Officer: Ian Patrick
• Chief People Officer: Helen Jackson
• Chief Risk Officer: Anne Browne
• Chief Strategy Officer: Stevhan Davidson
• Chief Technology Officer: Rod Greenaway
• Chief Member Officer: vacant
• Chief Retirement Officer: vacant

Teifi Whatley, Chief Strategy Officer, will retire at the end of March after more than 20 years at Australian Retirement Trust and previously Sunsuper in roles spanning brand, marketing, technology and strategy.

Karin Muller, Chief Member Officer, has decided to pursue opportunities outside of the fund and will stay on with ART until the end of March. Karin joined QSuper in 2015 and has held roles across information technology, transformation and member services.

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 Mr Reilly.

The new structure is effective from 1 March and recruitment for the two vacant roles of Chief of Retirement and Chief Member Officer is underway.

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Anthony Rose

One of Australia’s largest superannuation funds, Australian Retirement Trust (ART), has announced that they have chosen State Street Corporation (State Street) as their preferred and primary custodian and investment administrator following a thorough tender process.

ART was formed through the merger of Sunsuper and QSuper on 28 February 2022 and manages more than $230 billion in retirement savings for its more than two million members.

ART’s Chief Financial Officer, Anthony Rose, said the appointment of State Street as the Fund’s primary custodian was an example of how the merger was driving greater efficiencies for ART members.

“Moving to a single custodian will be a significant integration milestone following the merger last year. This partnership delivers significant efficiency benefits and demonstrates the ability to leverage increased scale for our members,” said Mr Rose.

“ART has a longstanding relationship with State Street, with both heritage funds having worked with State Street over the past decade, and we’re excited to continue to build on this partnership over the years ahead.”

State Street’s selection was driven by service offering, capabilities, technology and cost – they offered a combination we feel will deliver the best outcome to our more than two million members across Australia and supports our growing portfolio of investments in Australia and globally.

The contract took effect on 21 December 2022.

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