Who’s on the move? May

3 min read
3 min read

AFCA announces new super lead ombudsman

AFCA has announced the appointment of Heather Gray as the lead ombudsman for superannuation, to commence 18 May.
Gray is a highly experienced law firm partner and financial services specialist, whose most recent role was as national superannuation practice leader for Hall & Wilcox. She has also spent more than a decade on the Law Council of Australia’s Superannuation Committee, including a term as its chair.
Gray’s appointment follows the promotion last year of Dr June Smith to the role of deputy chief ombudsman.

State Super announces new board appointment

Lisbeth RasmussenLisbeth Rasmussen has been announced as the newest director on the SAS Trustee Corporation board (State Super), commencing her four-year term in March 2020.
Rasmussen is a senior investment professional with more than 30 years’ experience in managing large, complex funds and has held numerous senior roles including CIO, deputy CIO, head of strategy, investment manager, and group economist in Europe and Australia.
For much of her career, Rasmussen has worked with State Super or its predecessors, before retiring as CIO in 2016.
State Super chair Nicholas Johnson said: “Lisbeth Rasmussen is an outstanding investment industry professional. She has been appointed after an extensive search and competitive selection process in which I was closely involved. I am confident that her proven skills will help State Super maintain its superior investment performance and leading Member service standards even in today’s highly challenging Superannuation environment.”
Lisbeth sits as CIO for the Coal Mining Industry (Long Service Leave Funding) Corporation. She is also a former director of Equipsuper and Togethr Trustees, which was formed following the joint venture between Equipsuper and Catholic Super.
Rasmussen said: “I feel very privileged to join the Board of State Super. My new role gives me an opportunity to use my experience of investment markets and knowledge of State Super to serve our members and stakeholders to the best of my ability.

legalsuper appoints independent investment expert

Joe Fernandes legalsuperlegalsuper has announced the appointment of Dr Joe Fernandes to the role of independent investment expert.

Fernandes has twenty-four years’ experience in senior investment management, executive and advisory roles. Most recently he was managing director of First State Investments in Asia, and a member of the global leadership team of Colonial First State Global Asset Management (CFSGAM). He was previously responsible for the strategic assessment and development of CFSGAM’s suite of investment offers globally.

As a member of legalsuper’s Investment Committee he will work closely with its chief investment officer, Norman Zhang and the internal investment team to offer independent, external advice and support for legalsuper’s overall investment strategy and approach.

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Carmen Beverley-Smith

Executive Director - Superannuation, Life & Private Health Insurance, APRA

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Carmen joined APRA in March 2023 and holds the role of Executive Director, Life and Private Health Insurance and Superannuation.  

She has had an esteemed career in financial services, spanning over 25 years. She has held diverse leadership roles at Westpac and Commonwealth Bank of Australia, including across risk, transformation and change, product and portfolio development, and sales and service. 

Prior to joining APRA, she held the role of General Manager, Risk Transformation Delivery Integration at Westpac. This involved leading the group-wide implementation of a suite of solutions to uplift risk management capability and develop data, analytics and reporting. 

Carmen leads with a values-driven approach and a particular interest in developing and mentoring talent. 

She holds a Bachelor of Commerce and Accounting, is a certified Chartered Accountant and a Graduate of the Australian Institute of Company Directors. 

Amy C. Edmondson

Novartis Professor of Leadership and Management, Harvard Business School

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Amy C. Edmondson is the Novartis Professor of Leadership and Management at the Harvard Business School, a chair established to support the study of human interactions that lead to the creation of successful enterprises that contribute to the betterment of society.

Edmondson has been recognized by the biannual Thinkers50 global ranking of management thinkers since 2011, and most recently was ranked #1 in 2021 and 2023; she also received that organization’s Breakthrough Idea Award in 2019, and Talent Award in 2017.  She studies teaming, psychological safety, and organisational learning, and her articles have been published in numerous academic and management outlets, including Administrative Science Quarterly, Academy of Management Journal, Harvard Business Review and California Management Review. Her 2019 book, The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation and Growth (Wiley), has been translated into 15 languages. Her prior books – Teaming: How organizations learn, innovate and compete in the knowledge economy (Jossey-Bass, 2012), Teaming to Innovate (Jossey-Bass, 2013) and Extreme Teaming (Emerald, 2017) – explore teamwork in dynamic organisational environments. In Building the future: Big teaming for audacious innovation (Berrett-Koehler, 2016), she examines the challenges and opportunities of teaming across industries to build smart cities. 

Edmondson’s latest book, Right Kind of Wrong (Atria), builds on her prior work on psychological safety and teaming to provide a framework for thinking about, discussing, and practicing the science of failing well. First published in the US and the UK in September, 2023, the book is due to be translated into 24 additional languages, and was selected for the Financial Times and Schroders Best Business Book of the Year award.

Before her academic career, she was Director of Research at Pecos River Learning Centers, where she worked on transformational change in large companies. In the early 1980s, she worked as Chief Engineer for architect/inventor Buckminster Fuller, and her book A Fuller Explanation: The Synergetic Geometry of R. Buckminster Fuller (Birkauser Boston, 1987) clarifies Fuller’s mathematical contributions for a non-technical audience. Edmondson received her PhD in organisational behavior, AM in psychology, and AB in engineering and design from Harvard University.

 

Daniel Mulino MP

Assistant Treasurer and Minister for Financial Services

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.

He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.

In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.

In 2025, he became the Assistant Treasurer and Minister for Financial Services.

In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.