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Two new independent directors have been welcomed into the fold at the super fund.
Craig Dunstan and Geoff Peck have been named to the board, with seven decades of professional experience between them.
Mr Dunstan has spent more than 35 years in the financial services industry, spanning governance, senior executive and investment roles.
According to a statement from REI Super, the new director is currently the chair of Futurity Investment Group, as well as non-executive director and chair of the Investment Committee of Latrobe Health Insurance, and has previously held executive roles with Australian Unity, MacarthurCook and Vasco Trustees.
“I see REI Super as having a strong future catering for the retirement needs of people in the real estate industry. I look forward to working with the strong team,” Mr Dunstan shared.
Mr Peck also touts more than 35 years of work experience across the superannuation and life insurance sectors.
Having managed administration, distribution, product, marketing and investment areas of major superannuation businesses, he has also consulted for major industry funds and insurers, touting his work as an independent director of AIA Australia, Aracon Super (chair) and Choice of Super Association (chair).
Mr Peck has affirmed that he is “a deep believer in the benefits that our super funds deliver to the Australian community”.
“I am very proud to be working with REI Super to continue the great work that it does for the financial security of people working in the real estate industry,” he said.
Commenting on the latest appointments, REI Super independent chair Claire Higgins said that the board “has a breadth of knowledge and diverse views which would challenge our thinking and support our focus on providing the best outcomes for our members”.
She indicated that Mr Dunstan and Mr Peck would be replacing previous independent director Michelle Beveridge and retiring longstanding independent director Emery Feyzeny, who first joined the REI Super board in 2012 and also operated as chair of the investment committee.
“As the first independent director appointed to the board, Emery has made a significant contribution to the growth of the fund and managed the risks associated with this growth through good governance. In doing so, Emery has helped our members prepare for their retirement. We wish Emery and his family good health and happiness,” she shared.
ABOUT THE AUTHOR
Grace Ormsby
Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.
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