HESTA CEO to step down after 16 years

The HESTA board has announced that Anne-Marie Corboy will be leaving the fund at the end of February 2015 after 16 years as CEO. Corboy is hoping to develop a portfolio of non-executive directorships but is not ruling out another executive position or project work. She will continue some connection with the Fund being nominated by the HESTA board to the board of Utilities Trust of Australia (UTA) for a 3 year term from March 1 2015.