#1 for 10-year investment performance1
Our Income account won Money magazine's Pension Fund Manager for 2019.3
The Board of Trustees of the State Public Sector Superannuation Scheme (QSuper Board) has established several subsidiary, wholly owned entities to provide administration, advice, and investment management services to QSuper and QSuper members.
Each member of our Executive Committee manages a different portfolio. Here’s a little bit about their background and what they do.
Chief Executive Officer
Commencement date: 26 October 2015
Mr Pennisi was appointed as CEO of QSuper in 2015, and is also the CEO of QSuper’s financial planning subsidiary QInvest. QSuper has over 540,000 members and more than $60 billion in funds under management.
Mr Pennisi has 26 years’ experience in senior executive roles with some of Australia’s largest superannuation funds and investment management and financial planning firms. He joined QSuper in 2010 as Chief Strategy Officer, where he was responsible for driving the Fund’s strategy, including its product and services offering. Before joining QSuper Mr Pennisi was the Managing Director of Corporate Strategy at QIC and held senior roles at QInvest Limited (including as Interim CEO) where he drove a new strategy, advice model and implemented a suite of managed funds. He has also held roles at AMP and APRA’s predecessor, the Insurance and Superannuation Commission.
Previous role: Chief Strategy Officer
Commencement date: 2 November 2010
M.Sc(Mgt), B.A.Econ(Hons), SF Fin
Chief Investment Officer
Commencement date: 11 March 2009
Mr Holzberger was appointed as Chief Investment Officer of QSuper in February 2009. His responsibilities include leading the investment team and research into investment philosophy, market trends and broad industry developments in regard to investment processes. Mr Holzberger's role also encompasses asset allocation, strategic currency policy, establishing fund-level strategies and risk budgets.
Prior to joining QSuper, Mr Holzberger was a senior investment executive at QIC where he had responsibility for investment strategy and at various times headed active management teams. Before QIC, Mr Holzberger worked for an asset consulting firm. He joined the finance industry after a career as an Army officer. He is a Director of ASFA and chairs the ASFA Economics and Investment Council. He has previously been a trustee of a superannuation fund and chaired the fund's Investment Committee. He has also held directorships of financial planning firms and a finance industry representational association.
B.Bus, PGDip Mgt, GAICD
Chief of Member Experience
Commencement date: 10 April 2017
Mr Murray joined Qsuper in April 2017 as Chief of Member Experience. The Member Experience division is responsible for designing insight driven products, services and experiences that make a positive difference to customers’ financial wellbeing.
Jason’s financial services experience has been built through senior management and executive roles in retail and corporate banking in Australia and the UK including Westpac, HBOS, RBS & Lloyds. Jason joins from CUA where he had held accountability for the majority of the revenue & member objectives delivered through disciplines including products, marketing, insights, corporate affairs & digital strategy. He was also a director of Credicorp Insurance, a subsidiary company.
Commencement date: 10 April 2017
Chief of QInvest
Commencement date: 18 February 2019
Ms Hughes joined QSuper in July 2015 and was appointed Chief of QInvest in February 2019. She is responsible for the Group’s Advice Business, which provides financial advice on a range of topics covering Superannuation, Retirement Planning, Wealth Creation, Salary Packaging and Personal Life Insurance.
Before being appointed to this role, Ms Hughes was Chief of Member Support & Advice responsible for the Group’s Advice Business, Contact Centre, Operations division, Technical Advice and Life Insurance Business. Prior to this role, Ms Hughes was Acting Chief of Member Experience, responsible for the Group’s Product, Marketing, Digital, and Employer functions. As Head of Product & Services she was responsible for driving the Fund’s product and service strategy to meet the financial wellbeing needs of QSuper’s members.
Prior to joining QSuper, Ms Hughes had over 25 years’ superannuation, insurance, banking and funds management experience predominantly with Suncorp, QIC, and QTC and also as a Founding Director of Lambda Group.
Commencement date: 27 July 2015
Chief Operating Officer
Commencement date: 18 February 2018
As Chief Operating Officer, Ms Muller leads the Member Support and Operations Division. This Division has accountability for Member Services, Superannuation Administration and Business Support, bringing together the Contact Centre, Digital, Information Technology, Operations and Technical Advice.
Before being appointed as Chief Operating Officer, Ms Muller lead the Information Technology Division where she was responsible for delivering and implementing the IT strategy and ensuring alignment to the QSuper Group strategy.
Ms Muller has over 20 years’ experience in financial services having helped various organisations in Australia, South Africa and Europe transform their business through technology. Ms Muller has a broad range of experience within technology and business that includes large scale transformation projects, driving efficiencies through change.
Commencement date: 14 October 2015
BBus(Acc), LL.B, MTax
Chief Financial Officer
Commencement date: 29 September 2014
Mr Singh-Pangly joined QSuper in 2011 and was appointed Chief Financial Officer in 2014. With both a legal and accounting background, and more than 17 years' experience working in some of Australia's leading financial institutions, Mr Singh-Pangly heads up QSuper's Finance, Tax, Legal and Secretariat, and Investment Operations divisions. Mr Singh-Pangly's key responsibilities include looking after the financial affairs of QSuper, budgeting and reporting, investment operations and taxation planning, as well as ensuring QSuper meets all its legislative and regulatory requirements.
Mr Singh-Pangly is the Executive Sponsor for the QSuper Audit & Risk Committee. He is also a member of various other QSuper management committees and boards.
Prior to joining QSuper, Mr Singh-Pangly held a number of senior roles at AMP, Deloitte and Clayton Utz.
Previous role: Head of Tax
Commencement date: 25 July 2011
B.Bus, GradCert(Mkt), GAICD, JP (Qual)
Chief of People and Transformation
Commencement date: 24 February 2016
Joining QSuper in December 2010, Mr Landy is currently the Chief of People and Transformation. He is responsible for providing both strategic and operational advice across a broad spectrum of human resource management and internal communications activities, as well as managing all QSuper Group change activities. With 15 years of experience in human resources and people management, Mr Landy provides advice and support to the Board, executives and management across the QSuper Group of companies.
Mr Landy and his team design business aligned people and internal communication strategies to support the QSuper strategic direction and ensure future capability needs are met.
Previous role: Chief Officer, Human Resources and Internal Communications
Commencement date: 15 December 2010
Chief of QInsure
Commencement date: 24 September 2018
Mr Fraser was appointed as the Chief of QInsure on 24 September 2018. He is responsible for leading the operational and strategic direction for the Life Insurance business.
Mr Fraser originally joined QSuper in 2010 in the role of Head of Corporate Finance & Performance. He returns to us now having spent 8 years working with CUA in a number of leadership positions including Chief Operating Officer and CEO of CUA Health.
With more than 20 years’ experience in the financial services industry, Mr Fraser has held executive roles in the United Kingdom and Australia, in organisations including Standard Life, ITA, QSuper and CUA.
Chief Risk Officer
Commencement date: 24 February 2016
As Chief Risk Officer, Ms Finney leads the team that develops and implements QSuper’s operational risk, compliance and internal audit strategies. She has responsibility for the risk management framework including risk appetite and risk management strategy, and ensuring ongoing compliance while continuing to strengthen the Group’s risk culture. This role is responsible for relationships with key regulators and for reporting risk and compliance matters to the Audit and Risk Committee.
Before being appointed to the Executive Committee, Ms Finney was Head of Group Risk & Compliance. Ms Finney has more than 20 years’ experience in the financial services industry, which has included senior roles at UBS both in Australia and Switzerland.
Previous role: Head of Risk and Compliance
Commencement date: 3 August 2015