Stephen Merlicek joins the board of AvSuper

AvSuper has confirmed to Industry Moves the appointment of Stephen Merlicek as an independent director of the $2.5 billion fund, effective March 2019.

Merlicek served as chief investment officer of IOOF from 2009 till 2017 and, prior to that, a decade in the same role at Telstra Super. Previously, he served as a portfolio manager, an economist, and as a soldier in the Australian Army.

In welcoming him to AvSuper, CEO Michelle Wade said: "We are looking forward to the contribution Stephen's knowledge and experience will bring to the fund, and are pleased our third independent director is of such a high calibre."

AvSuper previously flagged that its board composition going forward would comprise of three employer nominated directors, three ACTU nominated directors and three independent directors.

Joining Merlicek on the AvSuper board is fellow new-appointee Stuart Brades.