Paul Sayer was appointed CEO of TWUSUPER, a A$3.7 billion (US$3.2 billion) Sydney-based superannuation fund for the transport and logistics industry.
Mr. Sayer will take on the role at the end of October from Frank Sandy, the fund’s chief financial officer who became interim CEO after Debora Jackson left at the end of 2013 for personal reasons.
Mr. Sayer had been chief operating officer of Sydney-based A$32 billion REST Super. A REST spokeswoman declined to comment.
With Mr. Sayer’s assumption of the CEO role, Mr. Sandy will continue as CFO, said David Galbally, chairman of TWUSUPER, in a telephone interview.