First State Super welcomes new CEO

First State Super has today welcomed incoming CEO, Deanne Stewart, ahead of a six-week handover with Michael Dwyer, prior to his retirement on 30 November 2018.

Stewart, whose appointment at the $90 billion fund was first announced in May 2018, has more than 20 years' experience in financial services in the superannuation and insurance sectors in Australia and internationally.

Prior to joining First State Super, Stewart was chief executive officer of MetLife Australia and previously held senior roles with BT Financial Group, Merrill Lynch Investment Management in New York and McKinsey & Company in London.

Commenting on her appointment, First State Super chair, Neil Cochrane, said: "Deanne's extensive experience and achievements in financial services ensure she is well equipped to be our next CEO."

He added: "Deanne places a very high value on the importance of relationships and she will be a strong champion of the core principles that drive our success."