BUSSQ chief to retire

BUSSQ chief executive officer Linda Vickers is set to retire from the role after more than 20 years with the industry fund.

Vickers was named chief executive in 2016 following a restructure of the organisation that saw the chief executive, David O'Sullivan, become the chief investment officer.

She first joined the organisation as a risk and compliance manager in 1998.

BUSSQ COO Damian Wills will take over as chief executive on 1 January 2021.

"Since Linda joined BUSSQ as employer services manager in 1998 she has helped steer the group through the Y2K scare, the dot.com crash, the September 11 terror attacks, a global financial crisis and now the COVID-19 pandemic," said BUSSQ chair Paula Masters. "Linda leaves BUSSQ in strong shape, and well-placed to build on its record of above average returns for members over the medium to longer term."

Established in 1985, BUSSQ currently has $5 billion funds under management for nearly 73,000 members.