ART farewells two more executives

Australian Retirement Trust's efforts to streamline its operations and restructure its leadership have led to the departure of two more senior executives.

Julie Bingham, the chief enterprise services officer, is leaving the $310 billion superannuation fund after eight years,

She was responsible for policy, legal, and government relations and was appointed to this newly created role just under 12 months ago when ART announced a new operating model focusing on three lines of business: investments, workplaces, and members.

In an internal memo, ART chief executive David Anderson stated that Bingham decided to step down after taking extended leave since early April to recharge and reflect.

It is understood she resigned for personal reasons.

"Julie has let me know that now is the right time for her to close the chapter on her long history with ART," Anderson added.

As a result of this change, enterprise services, which includes advocacy and impact, will now report to Anne Browne, who has taken on an expanded role as chief people & impact officer.

Also leaving is Helen Mills, the general manager of enterprise design.

Her responsibilities will be incorporated into the transformation team led by Sarah Dunn and overseen by the operating chief, Kathy Vincent.

"I sincerely thank Helen for her many contributions to ART and would like to highlight her role in developing our new enterprise design, which was foundational to unlocking our potential," Anderson said.

These departures follow the recent exits of Greg Barnes, head of public markets, and Herbert Chang, head of capital markets, whose roles have been farmed out to other executives. Amid this shake-up, Andrew Fisher, ART's head of investment strategy, has been renamed general manager of portfolio management and resilience, while Elizabeth Kumaru, who runs private equity, will take on Barnes's responsibilities.