Aware Super reshapes governance team, appoints chief risk officer

Aware Super has announced a leadership reshuffle, appointing a new chief risk officer amid the departure of its long-serving group executive of legal.

Group executive of legal and company secretary Ian Pendleton prepares to step down after 14 years with the fund.

Pendleton, who has held a key role in the governance and legal oversight of the $190 billion-plus superannuation fund, will formally conclude his executive position on June 29 when the new structure comes into effect.

Aware Super chief executive Deanne Stewart paid tribute to Pendleton's contribution to the organisation, describing his tenure as instrumental in shaping the fund's governance culture.

"We give our heartfelt thanks to Ian for his unwavering dedication, member focus and the genuine care he has shown throughout his time at Aware Super," Stewart said.

"Ian's leadership has had a lasting impact on the professional organisation he helped build - one grounded in integrity, commitment and collaboration," she said.

As part of the transition, Aware Super will merge its risk, compliance and sustainability division with its legal and company secretariate function under a newly created governance structure.

Jane Couchman, currently Chief Risk Officer and Group Executive, Sustainability, has been appointed Chief Risk Officer & Group Executive, Governance, overseeing the combined division.

Stewart said the move was designed to strengthen governance and decision making across the organisation.

"I congratulate Jane on her appointment to this crucial role. Joining our risk and legal divisions is designed to enhance operational alignment, further enable cohesive decision making and positions us to continue to deliver effectively on our operational and strategic priorities," Stewart said.

"In an environment of evolving risks and opportunities, strong governance and prudent risk management are critical to fulfilling our obligations as the stewards of our 1.3 million members' retirement savings."

The restructure has also triggered several internal promotions.

Greg Gokavi-Whaley has been appointed to the newly created deputy chief risk officer role, while Belinda Dent will take on an expanded general counsel position.

Anthia Lepouris has also been promoted to an expanded company secretary role, reporting to Couchman.

The changes come as superannuation funds continue to bolster governance frameworks amid heightened regulatory scrutiny and growing operational complexity across the sector.