Statewide appoints new CEO

Statewide chair, Juliet Brown OAM, has announced the appointment of Richard Nunn as the $6b industry fund's new chief executive officer. Nunn will join Statewide on 4 January 2016 after completing his role as general manager strategic development, Asia, for National Australia Bank in December.

Prior to his current role at NAB, Nunn was executive general manager of advice & marketing for NAB Wealth, where he led all advice businesses, sales and distribution functions and the wealth marketing team. Before joining NAB he held senior roles at AXA, IOOF and CBA.

Nunn says he is especially pleased to be given the opportunity to take the helm of South Australia's largest industry fund.

"I've spent much of my career competing against the structural and reputational advantages provided by industry funds like Statewide, and it will be a genuine pleasure to be able to focus on leveraging the organisation's significant strengths in the marketplace."

"It is an enormous responsibility to manage the retirement funds of members and I look forward to working with the Statewide team to deliver the best possible retirement outcomes."

Nicolle Rantanen, who has been acting in the dual role of CEO & COO since the departure of former CEO John O'Flaherty in May, will resume the singular role of COO when Nunn commences with the fund.