Catholic Super Acting CEO to step back into CRO role following joint venture with Equip
Catholic Super and Equip Super have jointly announced that David O'Sullivan will step down as acting chief executive officer of Catholic Super following the appointment of Scott Cameron as chief executive officer of both funds, effective September 2019. Nicholas Vamvakas, CEO of Equip Super, will also step down.
The two organisations are joining forces to create one of Australia's largest not-for-profit superannuation funds, they said. Cameron will take up his position at the two funds in September 2019, before heading the joint company when it begins operating in October.
David O'Sullivan was appointed as acting CEO in late 2018, replacing long-serving CEO Frank Pegan. O'Sullivan joined the fund in In 2015 as general legal counsel and chief risk officer. He will return to the role of chief risk officer following Cameron's appointment.
In acknowledging O'Sullivan's service as acting CEO, Catholic Super chair Danny Casey said: "[David O'Sullivan] has guided our way into this merger and we are very grateful for his contribution, one which always put the interests of members first."
