LUCRF exec departs for Chief Risk Officer role at Vision Super

Vision Super has announced the appointment of Nikki Schimmel to the newly-created role of chief risk officer.

Schimmel joins from LUCRF Super, where she was the fund's chief risk and compliance officer for over seven years. Before this, she worked for KPMG for more than a decade.

Vision Super CEO Stephen Rowe said: "The last few years have seen an unprecedented pace of legislative and regulatory change, and the Productivity Commission and Royal Commission final reports look set to increase that pace even further"

He added: "Nikki spent seven and a half years guiding a similar sized fund through a complex, changing regulatory landscape, and considerably enhancing their governance arrangements, and we look forward to having her at the helm as that landscape continues to shift."

Commenting on her appointment, Schimmel said: "After seven and a half years, I was ready for a change - but I didn't want to leave the industry fund environment behind...The philosophy of putting members first, and the Vision Super values of trust, care, commitment and citizenship, really drew me to the fund."