We are delighted to welcome our incoming CEO, Deanne Stewart, who has joined us for a transition period before current CEO Michael Dwyer retires on 30 November 2018.
Deanne brings more than 20 years’ experience in superannuation and insurance, both in Australia and abroad. Prior to joining us, Deanne was the CEO of MetLife Australia and previously held senior roles with BT Financial Group, Merrill Lynch Investment Management in New York and McKinsey & Company in London.
Deanne’s previous roles have given her a deep understanding of the investment management process as well as the importance of delivering outstanding member experiences. As we currently manage over $92 billion in funds^1 on behalf of our members and clients, Deanne has the right credentials to guide the fund, ensuring we continue to deliver long-term sustainable returns by putting our members at the heart of everything we do.
In announcing the appointment, Chairman Neil Cochrane stated, “Deanne’s extensive experience and achievements in financial services ensure she is well equipped to be our next CEO.”
Deanne also brings the attributes and personal values that are critical for the role - such as a holistic approach to leadership, intellectual strength and compassion.
We are confident we have the right person for the job.
Michael Dwyer is equally complimentary in his endorsement of Deanne:
“There is no doubt in my mind that Deanne is the right person to lead First State Super and to continue the excellent work of our board, executive and staff in putting our members first."
A hallmark of Deanne’s career has been her passionate commitment to building and maintaining a strong organisational culture and championing the core principles that drive business success.
As Michael’s successor, Deanne replaces a much admired and respected icon of the superannuation industry, who has made a tremendous contribution not only to the industry but also the wider community. Under Michael’s leadership, First State Super has grown to be one of Australia’s leading providers of superannuation, retirement services and financial advice.
Michael and Deanne will be working closely together during the transition period to ensure a smooth handover.
Deanne has expressed heartfelt admiration for Michael and the fund.
“I have long admired First State Super and Michael as a leader. This truly has been my dream job for years and I look forward to building on a wonderful legacy once Michael retires”.
She also communicated a passion and commitment to the members we serve:
“My parents are both teachers and my sister’s a physio. Our members are the carers and educators of society and that really helps me fulfil my own purpose.”
We look forward to welcoming our new CEO and working together to achieve excellent outcomes for all our members.
Combined funds under management of First State Super and StatePlus as at 30 September 2018 ↩