Wayne Swan appointed to chair Cbus

Wayne Swan
WAYNE SWAN
Construction & Building Unions Superannuation - Chair
APPOINTMENT
Construction & Building Unions Superannuation
CONSTRUCTION & BUILDING UNIONS SUPERANNUATION
Date: August 2021
Position: Chair

Cbus Super has announced that former Treasurer and Deputy Prime Minister Wayne Swan will replace Steve Bracks as board chair in January 2022, when Bracks steps down.

"Wayne will be a champion for Cbus members, with our single-minded focus on improving their financial security in retirement," Bracks said when announcing the appointment.

"I'm particularly proud to be joining the Cbus board at this moment. Right now, the role of Australian superannuation is more important than ever as our nation looks to rebuild from the impact of the pandemic. Just as superannuation played a vital role in responding to the global financial crisis, so too will it play a vital role in our pandemic recovery," Swan said.

He also hopes to draw on the experience he gained in public life as treasurer to work with members, employers, unions, and federal and state governments.