The inertia that rules the retirement system means bigger ideas are needed if members are going to get the best outcome in retirement. And with millions set to retire in the next few years, time is of the essence.
The back-office provider formerly known as Link Market Services has struck a deal with the IT consultancy arm of giant Indian conglomerate Tata to upgrade its client offerings.
Sunsuper strengthens team with new operations position
(Pictured: Lounarda David)
Sunsuper has recruited Lounarda David, a former worldwide partner of Mercer and head of the Mercer Sentinel regional custody, transitions and implementation arm of the firm. She will be head of investment operations at Sunsuper – a new role.
Reporting to Sunsuper CFO, Bruce Wilson, David had recently been doing some consulting work with the fund and previously was involved in the transition of its custody business to State Street.
Wilson said her appointment coincided with a critical expansion period for the fund. He said: “Lounarda is one of the most experienced people in her field in Australia and will be a great addition to our capable investment team.”
David has been involved in various consulting jobs since she left Mercer in April 2012 after 14 years with the firm. Prior to Mercer she spent 12 years at State Street, finishing up there as a vice president and senior relationship manager.
She has an accounting and business degree but spent two years at a law firm prior to State Street.
