Former Equip chief joins Cbus

The former chief executive of Equipsuper has moved to a $50 billion industry superannuation fund, taking on the lead role of strategy and growth. Two other executives have also been appointed.

Nicholas Vamvakas joined Cbus in August as the group executive for strategy and growth, shortly after Equipsuper and Catholic Super named a new chief executive for their joint venture.

Equipsuper and Catholic Super created a $26 billion entity and combined 150,000 members, with Scott Cameron at the helm.

Vamvakas served as Equipsuper's chief for more than two years. He joined the $15 billion as an executive officer of risk in May 2014 before rising up the ranks three years later.

Cbus made two other senior appointments in Wade Martin, the fund's first chief risk officer, and Marianne Walker, who is the new group executive of member and employer experience.

Martin joined Cbus in March 2013 as a risk manager and moved on to become general manager and head of risk management.  He previously managed internal audit risk consulting at KPMG Australia for eight years.

Walker joins from Victoria's Department of Health and Human Services, where she was director of customer support for the past year and a half.

Cbus chief executive David Atkin said he was delighted to see the three new leaders appointed after an extensive search.

"In Wade, Nicholas and Marianne we have three high-calibre leaders with proven track records of delivery."

Atkin said Vamvakas' wealth of experience will help steer Cbus through an ever-changing competitive marketplace.

"Nicholas has runs on the board through his time at Equip, doubling the size of the fund and leading some of Australia's largest corporate and funds transfer tenders.

"As super funds approach a new era of scale, Nicholas' insight will be invaluable to the growth and development of our fund," he said.

Martin and Vamvakas commenced their new roles in late August. Walker will take up her position in October.

Read more: EquipCbusEquipsuperCatholic SuperDavid AtkinMarianne WalkerNicholas VamvakasScott CameronWade Martin
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