TelstraSuper has announced that David Leggo is stepping down as independent chair of the $21 billion fund, effective 30 June 2019.
Leggo was appointed to the role in 2010 and is stepping down in accordance with the fund's board renewal policy of directors serving a maximum of three terms of three years.
In thanking him for his service, TelstraSuper CEO Chris Davies said: "David has made an outstanding contribution to TelstraSuper throughout his time as Chair with a continuing focus on 'members first'. He has championed innovation and always encouraged both the Board and Management to challenge the way we do things."
The search for a new chair is underway and an appointment is expected to be announced in due course, the fund said.