FAQs: Executive appointments announcement

Following the Heads of Agreement to pursue a merger and the announcement of a CEO and Board to oversee the merged fund, Bernard Reilly, CEO of the merged fund, has announced appointments to the executive team.

Who has been appointed to the merged fund’s executive team?

Eight of ten executive team members have been appointed so far and you can read the details here. Two additional executives have been appointed to roles that will form part of the merged fund’s broader leadership group.

The appointed executives have the right mix of expertise and experience to deliver outstanding services, greater efficiencies and lower costs for the merged fund’s 2 million members and their $200 billion in retirement savings.

When will the appointments take effect?

Appointments to the merged fund’s executive team will be effective from the merger date. Until the merger date, executives at both funds will continue in their existing roles, delivering for our members, and working on the integration planning phase of the merger as needed.

What will the merged fund’s investment philosophy, strategy and options be?

There is no immediate change to the investment philosophies, strategies or options of QSuper and Sunsuper as a result of this announcement. Both QSuper and Sunsuper have delivered strong, long-term returns for members. The appointed Chief Investment Officer will now work to combine the strengths of both funds’ to best deliver for the merged fund’s combined membership.

Read more about QSuper’s investments

Read more about Sunsuper’s investments

What will be the merged fund’s approach to Environmental, Social and Governance (ESG) issues?

Both QSuper and Sunsuper see climate change as a material financial risk that we consider in making investment decisions and appointing investment managers. Both funds’ investment strategies include a commitment to aligning our investment portfolios with net-zero emissions by 2050 on the basis that it will promote members’ financial interests. The merged fund’s approach to ESG will be one of the key areas of focus for the appointed Chief Investment Officer.

Read more about QSuper’s current climate change policy.

For more information

For more information about the proposed merger, to read answers to frequently asked questions or to learn more about what a QSuper and Sunsuper merger could deliver, visit our information hub