Media release: 1 April 2022
REI Super, one of the first industry super funds in Australia and ranked 8th best performing fund by SuperRatings for the year ended 30 June 2021*, has announced the appointments of two new Independent Directors; Craig Dunstan and Geoff Peck.
REI Super Independent Chair, Claire Higgins, welcomed the appointments of Craig and Geoff to the Board who commence their roles on 1 April 2022.
Craig has over 35 years’ experience in the financial services industry in a range of governance, senior executive and investment roles. He is currently Chair of Futurity Investment Group and a Non-executive Director and Chair of the Investment Committee of Latrobe Health Insurance. His executive career has entailed senior executive roles at Australian Unity, MacarthurCook and Vasco Trustees.
“I see REI Super as having a strong future catering for the retirement needs of people in the real estate industry. I look forward to working with the strong team”. Craig said.
Geoff has over 35 years’ experience in superannuation and life insurance. He has managed administration, distribution, product, marketing and investment areas of major superannuation businesses as well as consulted to major industry funds and insurers. Geoff has also been an independent director of AIA Australia, Aracon Super (Chair) and Choice of Super Association (Chair).
“Having worked in the superannuation industry for over 35 years, I am a deep believer in the benefits that our super funds deliver to the Australian community. I am very proud to be working with REI Super to continue the great work that it does for the financial security of people working in the real estate industry.” Geoff commented.
Claire expressed that the board, which includes member-elected directors and independent directors from outside of the real estate industry, has a breadth of knowledge and diverse views which would challenge our thinking and support our focus on providing the best outcomes for our members.
Craig and Geoff replace previous Independent Director, Michelle Beveridge, and retiring longstanding Independent Director, Emery Feyzeny, who joined the REI Super board in 2012.
Claire thanked Emery for his dedication and important contribution to the Fund and members during his tenure as Independent Director.
Claire said “I’d like to thank Emery for his contribution and leadership over the past 10 years, particularly as the Chair of the Investment Committee. As the first Independent Director appointed to the Board, Emery has made a significant contribution to the growth of the Fund and managed the risks associated with this growth through good governance. In doing so, Emery has helped our members prepare for their retirement. We wish Emery and his family good health and happiness.”
* REI Super was ranked 8th best performing super fund across Australia by SuperRatings for their MySuper Balanced option returning 20.0% for the year ending 30 June 2021.
......................................................................................................................................................................
Future investment performance can vary from past performance, and you should not base your decision to invest in REI Super simply on past performance. Past earning rates are not an indicator of future earning rates. The investment returns of REI Super are not guaranteed, and the value of the investment may rise or fall.
The information contained in this article does not constitute financial product advice. REI Super does not give any warranty to the accuracy, completeness or currency of the information provided. Although REI Super makes every reasonable effort to maintain current and accurate information, you should be aware that there is still the possibility of inadvertent errors and technical inaccuracies. REI Superannuation Fund Pty Ltd ABN 68 056 044 770, AFSL 240569, RSE L0000314 Trustee of REI Super (ABN 76 641 658 449), SPIN REI0001AU, RSE R1000412. MySuper unique identifier 76641658449129. April 2022.