Sunsuper names new CEO

Sunsuper has announced the appointment of Bernard Reilly as the $69 billion fund's new chief executive, effective 8 October 2019.

Reilly has more than 20 years' experience in a range of senior management roles, including executive positions at DBR Advisory, NAB Asset Management and State Street Global Advisors (SSGA). He has also recently served as a member of the board investment committee at NSW Treasury Corporation.

In welcoming him to Sunsuper, chair Andrew Fraser said: "Bernard is a vastly experienced executive. He has worked in leading roles both domestically and offshore, and brings breadth and acute strategic insight to the role of CEO of Sunsuper."

Fraser added that Reilly's "global experience," as SSGA's head of Asia-Pacific and then head of global strategy, "coupled with very strong investment and risk governance leadership credentials has given the Board every confidence in Mr Reilly's ability to lead Sunsuper at a time of industry dynamism and regulatory change."

Reilly said he was excited to lead Sunsuper and that since returning to Australia had been "deliberate in looking for the right opportunity to lead in the local industry."

Reilly will succeed Scott Hartley, who announced his intention to depart Sunsuper in May 2019 and will remain engaged with the fund to assist in the transition.