Cuffe steps down as UniSuper Chair

UniSuper has announced the retirement of chair, Chris Cuffe, after six years in the role.

Cuffe has served as a director for the $60 billion fund for over ten years and will step down at the completion of his term, effective 30 June 2017.

Replacing Cuffe as chair is Ian Martin, who joined the UniSuper board as an independent director in April 2013.

Commenting on Cuffe's departure, UniSuper CEO, Kevin O'Sullivan, said: "Chris has guided the Board through a transformative time within the business and we have benefitted enormously from his wealth of experience, insight and leadership. There has been extensive change within our fund and the broader industry over the last decade and we are in a much stronger position today due to Chris' guidance and oversight."

Cuffe added: "My time at UniSuper has been dynamic and very fulfilling, and I wish the Board and executive team continued success in the future. I know that under Ian's leadership, the fund will continue to deliver strong performance, excellent service and ultimately better retirement outcomes for its members."

He will remain on the UniSuper Investment Committee as a non-director member.