AustralianSuper announces new group executive

AustralianSuper has appointed policy and public affairs executive Sarah Adams to the role of group executive, strategy, brand and reputation.

Adams joins AustralianSuper from senior executive roles in government and the private sector, including as executive director communications & stakeholder relations at bushfire recovery Victoria, general manager corporate affairs for Coles Group and senior leadership positions within the Federal Government.

Adams previously practiced as a solicitor specialising in employment law.

AustralianSuper chief executive, Ian Silk, welcomed Adams to the role.

‘As an experienced policy and public affairs professional with broad multi-sector experience I am looking forward to Sarah contributing to our mission of helping members achieve their best possible retirement outcome,’ Silk said.

Adams said she was looking forward to joining AustralianSuper.

Westpac chief executive retires

Westpac has announced the retirement of Lyn Cobley, chief executive of Westpac Institutional Bank.

Westpac CEO, Peter King, thanked Cobley for her contribution in leading the Institutional Bank over the last five years.

“Lyn navigated institutional banking during a period of intense global competitive pressures and structural changes across these markets following the global financial crisis.

“Under Lyn’s leadership the Westpac Institutional Bank team has worked tirelessly to meet the needs of the bank’s government, corporate and institutional customers, most particularly during the COVID-19 pandemic.”

After more than 30 years in banking Cobley said it was the right time to retire from executive life.

“I have thoroughly enjoyed a long and varied banking career. However, having held executive positions through a number of significant events, including the GFC and this year the COVID-19 pandemic, it is now time to step back and develop a portfolio career, including Board positions,” Cobley said.

Curt Zuber, group treasurer, will act as chief executive Westpac Institutional Bank from 1 July, while an international search is undertaken. Joanne Dawson, chief financial officer, Westpac Institutional Bank & Treasury, will act as group treasurer during this period.