UniSuper

UniSuper is an Australian superannuation fund that provides superannuation services to employees of Australian universities. The find has over 435,000 members and more than $24 billion in assets (at 31 December 2007).

UniSuper a not-for-profit company whose shareholders are 37 Australian universities and is governed by a corporate Trustee, UniSuper Limited. All the universities have representation on the Consultative Committee.

Management

The Chief Executive is Ann Byrne. At the end of 2006, Chairman Emeritus Professor Brian W. Smith AO retired with Elizabeth Bryan taking on the role after serving as an independent director since 2002. [cite web | url = http://www.unisuper.com.au/about-us/our-people/chief-executive| title = A message from the Chief Executive | work = UniSuper | author = Ann Byrne | month = March | year = 2007 | accessdate = 2007-07-16 ]

Directors

UniSuper’s Board of Directors governs the operations of UniSuper to ensure the Fund is administered in accordance with the Trust Deed, and determines the strategic direction of the Fund. The Board represents, and is accountable to, the members of UniSuper and the Fund’s participating employers.

The directors of UniSuper as of 2008 are: [cite web | url = http://www.unisuper.com.au/about-us/our-people/board#independence| title = The Board | work = UniSuper | accessdate = 2008-05-30 ]

;Directors representing employers:
* Nominated by shareholder universities
** Professor Paul Johnson (Vice-Chancellor of La Trobe University)
** Professor Janice Reid AM (Vice Chancellor of the University of Western Sydney)

* Elected by the Consultative Committee employer representatives
** Paul Richardson
** Warren Snell

;Directors representing members:
* Elected by the Consultative Committee member representatives
** Professor Michael Skully (Chair of Banking, Department of Accounting and Finance at Monash University),
** Paul Mullooly (Chief Financial Officer of the University of Queensland)

* Appointed by national unions
** Ted Murphy (Deputy-Chair)
** David Carey (Joint National Secretary, Community and Public Sector Union),

;Independent Directors:
* Elizabeth Bryan (Chairman)
* Mervyn Peacock (previously Chief Investment Officer of AMP Capital Investors)
* Christopher Cuffe (previously Chief Executive of Colonial First State Investments and later CEO of Challenger Financial Services’ Wealth Management Division)

The Board embraces fairness, transparency and accountability when it comes to corporate governance and the Fund’s conduct and principles. UniSuper has adopted the Corporate Governance Guidelines developed by the Australian Council of Super Investors Inc (ACSI) as the basis of our approach to corporate governance. Reinforcing this commitment, we disclose information about our Directors, including their remuneration and attendance at meetings of the Board and Board Committees.

References

External links

* [http://www.unisuper.com.au/ UniSuper]