Local Government Super board adds another new face
Local Government Super (LGS) continues the transformation of its board by adding experienced Claudia Bels as their third independent non-executive director.
The addition is part of a dedicated push by the organisation to broaden the diversity and skills represented on the board.
Bels has significant experience as a corporate director, having worked across a variety of member-based, private, and government organisations including CBHS Corporate Health, Australian Settlements Limited, and the NSW Health Care Complaints Commission.
LGS chair, Kyle Loades, said: "Claudia brings to the board an impressive track record in law, finance and risk management as well as broad international commercial expertise. She also has extensive experience in strategic leadership across a range of diverse issues including corporate turnarounds, cultural change and engagement with regulators."
Loades himself is a recent appointment at LGS, as is CEO Phil Stockwell. The executive and board changes are designed to position the fund to deliver enhanced value and long-term growth for its members. The fund amended their constitution in mid-2019 following an APRA probe into their governance.