Industry super fund chair steps down

The chair of a $2.7 billion industry superannuation fund has left to become a member of Parliament.

Club Plus Super chair and long-serving director Tara Moriarty recently became a member of the Legislative Council at the recent New South Wales state election.

After 13 years of service to the fund, Moriarty said she was glad to leave the fund in excellent health.

"I am proud to have chaired a fund I can genuinely say puts its members first in every single consideration - big and small.

"The culture at Club Plus Super is excellent and robust. We have the board and management team in place to continue delivering for our members," Moriarty said.

Moriarty joined the board of Club Plus in 2006 and was appointed chair in November 2016.

Chief executive Stefan Stefano thanked Moriarty for her contribution to the fund, which has 80,000 members.

Under Moriarty's oversight as chair, Stefano said Club Plus tightened its governance and modernised its structures in alignment with the fund's purpose: "To support the journey of our members to retire on their own terms."

"Club Plus Super prides itself on getting to know its members as people, rather than as data. Tara's career-long dedication to the people who work in our sector has embodied this ethos. Tara's member-first values have always aligned with our mission and her perspective has been invaluable," he said.

Read more: Club Plus SuperStefan Strano
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