ASFA director, former Rest CEO to join CSC

ASFA chair and former Rest CEO Damian Hill will join the Commonwealth Superannuation Corporation as chief executive officer.

Damian Hill left Rest in early 2018 after nearly 20 years with the organisation.

Hill replaces Peter Carrigy-Ryan, who will retire after more than 16 years with CSC including serving as the inaugural CEO.

Said CSC board chair Patricia Cross, "After a long and thorough recruitment process facilitated by an independent global executive search consulting firm, we have selected Damian Hill as our CEO from a very impressive field of candidates.

"He has a proven track record, having performed successfully as the CEO of a major superannuation fund, and has been a highly regarded and active participant in the industry over many years.

"He brings a great depth of experience and knowledge to CSC, and his particular customer focus will complement the many initiatives we have implemented over the past few years," said Cross.

Hill said he's looking forward to joining CSC. "It is responsible for both defined benefit and defined contribution super schemes, and there will be significant challenges in every aspect of managing a large, complex organisation like CSC.

"There is a unique dynamic with this organisation, delivering retirement outcomes for members of the Australian Public Service and the Australian Defence Force," said Hill.