An industry superannuation fund managing more than $70 billion has added three C-suite management positions. The move also sees the departure of two executive managers.
UniSuper has made several changes to its executive leadership team, including the creation of chief commercial and operating officer roles.
Current executive manager of technology Anna Leibel has been promoted to chief technology and delivery officer.
She will be responsible for bringing together an end-to-end back office function incorporating technology, program management and fund operations.
The fund is now on the hunt to fill the roles of chief commercial officer and chief operating officer. The former will be responsible for fund strategy, product and marketing, while the latter will oversee risk and governance, legal and finance.
The fund is in the process of recruiting for these roles.
Chief Investment Officer John Pearce remains in his role, as do chief people officer Julie Watkins, executive manager, advice Jack McCartney, and chief customer officer Lee Scales.
As a result of the restructure, two executive managers will depart the fund, with current marketing and product lead Tim Anderson and program management head Nick Drohan leaving.
Chief executive Kevin O'Sullivan said the fund needed to shift to meet the changing landscape in superannuation.
"Given the abundance of change occurring within both the super and the higher education sectors, our new structure will better enable UniSuper to deliver the best possible retirement outcomes for our members," O'Sullivan said.
"Our members' best interests are at the heart of everything we do and this has been the key driver for making these changes."
O'Sullivan also thanked Anderson and Drohan for their service to the fund.
"Tim and Nick have made exceptional contributions to the fund's enviable position. I am enormously grateful for Tim's work over the last eight years building our strong brand, award-winning product suite and digital strategy," he said.
"And Nick has been instrumental in transforming the way we govern and manage our busy and complex project pipeline."