Corporate super fund names new chair

A former HESTA chief executive will become the chair of Australia's largest corporate superannuation fund in July.

TelstraSuper appointed Anne-Marie Corboy as chair for a period of three years, replacing David Leggo, who departs on June 30.

Leggo is the former chair of AvSuper and joined TelstraSuper as independent chair on 1 July 2010.

Corboy lead HESTA between 1998 and 2015 and after that worked in numerous directorship roles, including the Australian Council for Superannuation Investors, Victorian Superannuation Board and Industry Super Australia.

Outside of super, Corboy was a director of Utilities of Australia, the MDC Foundation and Australian Commonwealth Games Foundation.

She is currently a director of Bank Australia, which is formerly the CSIRO Co-operative Credit Society and changed its name in 2015.

"I am very pleased to be joining TelstraSuper and contributing to the evolution of a fund of this calibre," Corboy said.

"I look forward to working with the board and chief executive Chris Davies to further enhance retirement outcomes for TelstraSuper members."

As Corboy shares her vast experience with TelstraSuper, Davies said: "we look forward to working with her to get the best possible outcomes for TelstraSuper members."

The $21 billion corporate super fund has about 99,010 members with an average account balance of $212,323, according to September 2018 Rainmaker data.

Read more: TelstraSuperHESTAAnne-Marie CorboyAvSuperIndustry Super Australia
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