New QSuper chair is former Sunsuper CEO

In the midst of merger talks with Sunsuper, QSuper has named a new chair for the organisation - former Sunsuper CEO and Queensland Investment Corporation chair Don Luke.

Luke will become chair on 1 January, replacing Karl Morris, AO, who steps down after two terms.

QSuper CEO Michael Pennisi welcomed Luke: "Don has very strong credentials and is well known for his focus on members. I am looking forward to working with Don over this very [important] phase in QSuper's history," he said in a statement.

Luke says he has a passion for superannuation and the welfare of the people who rely on the system to provide for their future. "I have developed enormous respect for QSuper from working in the same region and industry and see it as a privilege to be able to work with the board and the executive team to serve the members of QSuper now and into the future."

QSuper has more than 585,000 members and $90 billion funds under management, and another $22 billion of state government defined benefit funds under administration, making it the second-largest fund in Australia.

Luke was CEO of Sunsuper from 1996 - 2007, and has held several directorships since including at FIIG Securities, AMP Capital Investors Limited, and AMP Capital Holdings.