UniSuper chief to resign

After eight years atop UniSuper, Kevin O'Sullivan is set to depart the fund later this year.

"Kevin has led UniSuper with distinction over the last eight years and the board sincerely thanks him for his leadership, contribution, and commitment over that period," said UniSuper chair Ian Martin.

Before joining UniSuper, O'Sullivan spent more than 22 years with Russell Investment Group including as director of actuarial and benefits consulting.

Martin praised O'Sullivan's contributions to the fund over the last few years. "Kevin is highly respected by UniSuper's employees, members and university employers as well as by so many people in the superannuation sector. He has consistently 'walked the talk' when it comes to putting Members' interests first. His contribution to both to the superannuation sector and to UniSuper's success was appropriately recognised by the Fund Executives' Association last November, when he was named FEAL Fund Executive of the Year 2020."

O'Sullivan said that it's been an honour to lead UniSuper. "However, after almost 40 years in the work force and a very intense last 8 years, I'm looking forward to stepping back and adding more flexibility to my life, including spending more time with my wife."

UniSuper has appointed Egon Zehnder to lead a global search for his successor.