New CEO at REI Super

REI Super has announced the appointment of Jarrod Coysh as the fund's new chief executive officer, effective 29 July 2019.

Coysh, who has more than 20 years' experience in the financial services industry, joins from Cbus where he has served as executive general manager employer experience since July 2015. His previous positions include retail, corporate and institutional business roles at ANZ, NAB and Westpac, as well as principal at the Boston Consulting Group.

Coysh succeeds long-serving chief executive, Mal Smith, who will be stepping down after 15 years at the helm.

In announcing the appointment, REI Super chair Claire Higgins said: "We are excited to work with [Jarrod] as we take the Fund to the next stage. The Board is certain that REI Super members will benefit from his breadth of skills and deep experience in financial services and superannuation."

On the retirement of Mal Smith, Higgins said: "Mal has guided REI Super with a firm and trusted hand, and we would like to offer Mal our sincerest thanks for his dedication and excellent leadership over the past decade and a half."

She added: "Under Mal's guidance, REI Super has grown from a fund with $400 million FUM to $1.6 billion FUM as well as delivering innumerable enhancements and value to our members, including more investment choices, additional advice services, better technology, post-retirement products and converting to becoming a public offer fund."

A spokesperson for Cbus said that following Coysh's departure the 'employer experience' function will now sit under group executive for member experience, Carrie Norman.