Media Releases

1 October 2020

ASFA backs HESTA 40:40 Vision campaign to correct ASX 200 gender imbalance

The Association of Superannuation Funds of Australia (ASFA) has thrown its support behind HESTA’s 40:40 Vision campaign and called on the superannuation industry to join this important initiative.

“ASFA commends HESTA and encourages all super funds to sign up to the 40:40 Vision campaign and commit to addressing the current gender imbalance in senior leadership in corporate Australia,” said ASFA CEO, Dr Martin Fahy.

HESTA’s 40:40 Vision campaign’s target is to have women fill a minimum 40 per cent of ASX200 C-suite roles by 2030.

“The next ten years will see a shift to a more knowledge-intensive economy. If Australia is to achieve its full potential and compete internationally, we cannot afford to continue to ignore the contribution of talented senior women executives,” Dr Fahy concluded.

For further information, please contact:
Jacqui Maddock, 0451 949 300.

About ASFA
ASFA is the peak policy, research and advocacy body for Australia’s superannuation industry. It is a not-for-profit, sector-neutral, and non-party political, national organisation. ASFA’s mission is to continuously improve the superannuation system, so all Australians can enjoy a comfortable and dignified retirement.