Board of Directors
United Super Pty Ltd is the Trustee company (Trustee) of the Construction and Building Unions Superannuation Fund (Cbus). The Trustee is the legal entity responsible for the prudent management of the Fund including its overall governance, financial and risk management capability, investments, and strategic direction.
The Board of the Trustee is ultimately responsible for the sound and prudent management of the Trustee’s business operations. The Directors of United Super are appointed from member and employer associations, with two independent Directors.
Under the Board’s governance structure, at least two thirds of the Directors must agree to pass Board resolutions. This ensures the views of one Director cannot overly influence a decision without agreement from the residual Board.
Board Directors bring various capabilities and career experience, technical specialities and formal education, and are of different gender, age, geographic representation etc.
Directors are nominated by the Trustee company’s shareholder associations, and approved for appointment by the Board. The Board comprises 14 non-executive Directors (two are independent).
Directors are also appointed to one or more of the Board’s six permanent Committees, with other sub-committees formed and dissolved as required.
The Board complies with an extensive governance framework including, but not limited to the:
- Trustee company’s Constitution
- Fund Trust Deed
- Board Charter
- Fund Governance Policy (a comprehensive guide as to the key elements of Board and Fund governance).
Meet our Board
Hon Wayne Swan
Chair of Board and Independent Director
John Edwards
Independent Director and Chair of Risk Committee
Stephen Dunne
Chair of Investment Committee and Employer Director
Michelle Beveridge
Chair of the Audit and Finance Committee and Employer Director
Denita Wawn
Employer Director
Ray Sputore AM
Chair of Member, Employer and Growth Committee and Employer Director
Hedley Davis
Chair of People, Culture and Remuneration Committee and Employer Director
Natasha Fenech
Chair of Operations and Technology Committee and Employer Director
Padraig (Paddy) Crumlin
Member Director
Jason O'Mara
Deputy Chair of the Board and Member Director
Mark Fagan
Member Director
Stuart Gordon
Member Director
Allen Hicks
Member Director
Rowena Johnston
Member Director
Board Committees
The Cbus Trustee Board ensures the implementation and maintenance of a governance framework.
Under the Fund’s Trust Deed and the Trustee’s Constitution, the board may delegate its powers and responsibilities to committees of the board.
Committees are assigned authorities and oversight responsibilities by the board to assist it in fulfilling all statutory, fiduciary, governance and regulatory responsibilities.