Tasplan chief will exit when MTAA merger completes

The chief executive of Tasplan will leave the organisation when the MTAA Super merger completes in October of 2020.

Previously the CEO of Quadrant, Wayne Davy has been with Tasplan since December of 2015 when the Quadrant/Tasplan merger finalised. Davy had replaced Neil Cassidy, who was involved in the founding of Tasplan in 1987.

The MTAA/Tasplan merger will create a combined national superannuation fund with more than $23 billion FUM and approximately 335,000 members. The new fund will be headquartered in Canberra with offices in Tasmania and other locations.

Davy will be succeeded by current MTAA Super CEO Leeanne Turner.

The merger coincides with the conclusion of MTAA chair John Brumby's term. Tasplan chair Naomi Edwards will step up to chair the new fund's board. Details around director allotments was not released.