Tony Lally has stepped down from his position as CEO of Sunsuper after six years at the helm.
He plans to pursue a career as a non-executive director.
Under Lally’s tenure, Sunsuper’s funds under management jumped to AUD$24 billion ($22.1 billion) from AUD$11 billion.
The organization’s chief financial officer, Bruce Wilson, has been appointed as the interim CEO until a replacement is appointed. Lally will work with him for a transition of the business.
Sunsuper is one of Australia’s largest superannuation funds.
For more industry moves, check out People Watch.
Related articles:
