Industry fund adds board director

A $9.2 billion industry superannuation fund appointed a new board director.

Vision Super welcomed Australian Services Union executive president Lisa Darmanian in March, bringing the number of women on its board to four.

"Lisa brings valuable experience to the Vision Super board, and I'm looking forward to working with her to achieve the best outcomes for our members," Vision Super deputy chair, Geoff Lake said.

Darmanian previously served as an alternative director at the fund and is also a former board director of HESTA.

"I'm delighted to have joined the Vision Super Board. Even in the short time I've been a director, it's clear that Vision Super has a road map for growth, and I'm excited to be part of the journey," Darmanian said.

The industry fund has experienced rapid growth in recent years. In the 12 months to June 2017, Vision Super funds under management increased 162%, reflective of a 23% rise in Vision Personal membership.

In December 2017, Vision Super chief executive Stephen Rowe said: "Younger members like uni students want a super fund that aligns with their values and won't eat up their balance in fees and insurance premiums - and that shows in our growth figures."

"Increasingly all of our members - but particularly those younger members - want a seamless digital experience, and James will be the driving force behind taking our online services to the next level."

Capitalising on this, Vision Super recently appointed James Milne as head of technology. Milne was previously service delivery manager at KPMG.

Read more: Vision SupersuperannuationLisa DarmanianJames MilneAustralian Services UnionGeoff LakeKPMGStephen Rowe
Link to something UPPXqogB