Departure

MTAA Super chair to retire when merger with Tasplan completes

Board Move

John+brumby

MTAA Super chairman John Brumby will retire when the merger of MTAA Super and Tasplan finalises in 2020.

Current Tasplan chair Naomi Edwards will serve as the chair for the merged organisation.

“I would like to acknowledge Wayne’s significant role in the development and growth of the superannuation sector in Tasmania” said Ms Edwards. “It was Wayne’s vision that led to the establishment of a world class administration, IT and call centre facility in Tasmania that is now enabling these mergers and jobs growth. I look forward to working closely with Wayne over the next year to see the successful completion of the merger and migration of the MTAA member servicing to Tasmania”.

Tasplan Chair Naomi Edwards said the merger would create additional jobs in Tasmania, with Tasmania as the engine room for the administration of the merged fund resulting in a considerable increase to the current 150 staff in Tasmania. “We are committed to retaining all the personal customer service benefits of a smaller fund, while delivering the financial assurance of a larger one,” Ms Edwards said.

Tasplan CEO Wayne Davy will leave the organisation when the merger completes. Current MTAA CEO Leeanne Turner will serve as CEO of the combined fund.

Departure

October 2020

Chair

MTAA Super

News reports on this move

29/11/2019
Super Review
29/11/2019
Financial Standard