Ben Facer was promoted to deputy CEO at NGS Super, Melbourne, as the superannuation fund expanded its executive leadership team.
The role is new, created to support the A$12 billion ($8 billion) super fund's growth strategy, Natalie Previtera, who was made CEO in June, said in a statement on Wednesday.
Mr. Facer will take up his new responsibilities in tandem with his current duties as chief strategy officer, which cover the super fund's strategy, product, finance, and business intelligence functions.
"Ben oversees the operating framework and development of the strategy that enables the fund to provide valuable, personalized services for members. His previous experience and the responsibilities of his current role positions him strongly for these additional responsibilities of the deputy," Ms. Previtera said.
Mr. Facer has been with the super fund since 2017 after a decades-long career as a consultant.
NGS Super also said Philippa Minney was named chief risk officer and head of corporate services.
Ms. Minney was chief compliance officer at insurer Allianz for two years.
She takes over the responsibilities held by Head of Legal and Governance Brendan Tynan Davies, who was also covering the role of CRO during the recruitment process, a spokeswoman said. Mr. Davies has returned to his head of legal position with NGS Super.
NGS Super was previously in talks for a merger with the A$10 billion Australian Catholic Super, Sydney, but the super funds called it off in 2021, and ACS completed a merger with the A$105 billion UniSuper, Melbourne in 2022.
The fund is not currently exploring merger opportunities, the spokeswoman confirmed.
